Total Clarity Wealth Management Inc. Sells 910 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Total Clarity Wealth Management Inc. cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,404 shares of the company’s stock after selling 910 shares during the period. Total Clarity Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,213,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Asset Allocation Strategies LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 3.6% during the fourth quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock valued at $398,000 after purchasing an additional 253 shares during the period. Global Trust Asset Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 146.8% during the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock valued at $88,000 after purchasing an additional 900 shares during the period. Mosley Wealth Management bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $578,000. Optimum Investment Advisors increased its position in shares of JPMorgan Equity Premium Income ETF by 331.3% during the first quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock valued at $75,000 after purchasing an additional 994 shares during the period. Finally, Napa Wealth Management bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $1,254,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $58.83 on Monday. The stock’s fifty day simple moving average is $57.28 and its 200 day simple moving average is $56.91. The firm has a market cap of $34.52 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $58.88.

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.