OMNI 360 Wealth Inc. Sells 2,039 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

OMNI 360 Wealth Inc. decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.0% in the 1st quarter, Holdings Channel reports. The fund owned 18,441 shares of the company’s stock after selling 2,039 shares during the quarter. OMNI 360 Wealth Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,067,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Wealth Management Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock valued at $540,000 after purchasing an additional 195 shares during the period. Paragon Private Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.3% in the 4th quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock valued at $474,000 after acquiring an additional 196 shares in the last quarter. Raleigh Capital Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 21.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after acquiring an additional 200 shares during the last quarter. Salem Investment Counselors Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 17.5% during the 1st quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after acquiring an additional 200 shares in the last quarter. Finally, Penbrook Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.0% in the first quarter. Penbrook Management LLC now owns 5,150 shares of the company’s stock valued at $298,000 after purchasing an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

JEPI traded down $0.05 during trading hours on Wednesday, hitting $56.15. 2,345,786 shares of the company’s stock were exchanged, compared to its average volume of 3,278,742. The stock has a market cap of $32.95 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94. The stock’s 50-day moving average is $56.58 and its two-hundred day moving average is $56.34.

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.