Advisory Resource Group Sells 33,127 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Advisory Resource Group lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 159,566 shares of the company’s stock after selling 33,127 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.9% of Advisory Resource Group’s investment portfolio, making the stock its 10th largest holding. Advisory Resource Group’s holdings in JPMorgan Equity Premium Income ETF were worth $9,180,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of JEPI. Tandem Financial LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $757,000. Clarity Wealth Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after buying an additional 401 shares during the last quarter. Citigroup Inc. raised its stake in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after acquiring an additional 50,459 shares in the last quarter. Accurate Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $215,000. Finally, Whittier Trust Co. acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at $108,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $58.79 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market capitalization of $34.50 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50-day simple moving average is $58.68 and its 200-day simple moving average is $58.66.

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.