JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,604 shares of the company’s stock after selling 14,180 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 0.7% of Koshinski Asset Management Inc.’s investment portfolio, making the stock its 23rd largest holding. Koshinski Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $8,010,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $28,000. Larson Financial Group LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares during the period. Burkett Financial Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $35,000. Morris Financial Concepts Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $38,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI traded up $0.31 during trading hours on Friday, reaching $59.46. 2,521,631 shares of the company’s stock traded hands, compared to its average volume of 3,164,685. The firm has a market capitalization of $34.89 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.58. The business’s fifty day simple moving average is $58.23 and its two-hundred day simple moving average is $57.19.

JPMorgan Equity Premium Income ETF Company Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.