Ritter Daniher Financial Advisory LLC DE Sells 7,652 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ritter Daniher Financial Advisory LLC DE reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,397 shares of the company’s stock after selling 7,652 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 2.5% of Ritter Daniher Financial Advisory LLC DE’s portfolio, making the stock its 10th largest position. Ritter Daniher Financial Advisory LLC DE’s holdings in JPMorgan Equity Premium Income ETF were worth $8,593,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $25,000. HHM Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $28,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $38,000. Centerpoint Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $43,000. Finally, Brown Lisle Cummings Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after acquiring an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.9 %

JEPI opened at $59.27 on Friday. The stock’s fifty day simple moving average is $59.23 and its 200 day simple moving average is $57.70. JPMorgan Equity Premium Income ETF has a 1-year low of $54.17 and a 1-year high of $60.20. The stock has a market cap of $34.78 billion, a PE ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF 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.