Herbst Group LLC Sells 14,242 Shares of JPMorgan Equity Premium Income ETF $JEPI

Herbst Group LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 49.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,528 shares of the company’s stock after selling 14,242 shares during the quarter. Herbst Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $821,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Tactive Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3.1% in the 2nd quarter. Tactive Advisors LLC now owns 16,277 shares of the company’s stock worth $919,000 after buying an additional 487 shares in the last quarter. Ehrlich Financial Group boosted its stake in JPMorgan Equity Premium Income ETF by 1.1% in the 2nd quarter. Ehrlich Financial Group now owns 53,363 shares of the company’s stock valued at $3,014,000 after buying an additional 559 shares in the last quarter. Adamsbrown Wealth Consultants LLC grew its position in JPMorgan Equity Premium Income ETF by 11.9% in the second quarter. Adamsbrown Wealth Consultants LLC now owns 5,907 shares of the company’s stock valued at $334,000 after acquiring an additional 630 shares during the period. Windsor Capital Management LLC grew its position in JPMorgan Equity Premium Income ETF by 3.5% in the second quarter. Windsor Capital Management LLC now owns 79,364 shares of the company’s stock valued at $4,483,000 after acquiring an additional 2,702 shares during the period. Finally, Crumly & Associates Inc. grew its position in JPMorgan Equity Premium Income ETF by 19.7% in the second quarter. Crumly & Associates Inc. now owns 12,155 shares of the company’s stock valued at $687,000 after acquiring an additional 2,003 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $57.58 on Monday. The stock has a market cap of $45.92 billion, a PE ratio of 23.93 and a beta of 0.53. The business has a fifty day moving average of $56.46 and a two-hundred day moving average of $57.18. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

JPMorgan Equity Premium Income ETF Profile

(Free Report)

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.

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