Wealthcare Capital Management LLC Sells 11,723 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealthcare Capital Management LLC cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 61.2% during the fourth quarter, Holdings Channel reports. The fund owned 7,427 shares of the company’s stock after selling 11,723 shares during the period. Wealthcare Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its position in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $51,202,000. World Investment Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after purchasing an additional 711,094 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $31,505,000. Finally, Marks Wealth LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $29,284,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of JEPI opened at $58.25 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.72 and a 12-month high of $60.88. The firm has a market capitalization of $34.18 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s fifty day simple moving average is $59.05 and its 200-day simple moving average is $58.39.

About JPMorgan Equity Premium Income ETF

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.