Koshinski Asset Management Inc. Sells 862 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Koshinski Asset Management Inc. lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 133,742 shares of the company’s stock after selling 862 shares during the period. JPMorgan Equity Premium Income ETF accounts for 0.0% of Koshinski Asset Management Inc.’s portfolio, making the stock its 26th biggest position. Koshinski Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $7,694,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $31,000. Harbor Investment Advisory LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 10.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 88,623 shares of the company’s stock worth $5,098,000 after purchasing an additional 8,524 shares during the last quarter. Lionsbridge Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 48.7% during the 4th quarter. Lionsbridge Wealth Management LLC now owns 92,378 shares of the company’s stock worth $5,315,000 after purchasing an additional 30,234 shares in the last quarter. Purus Wealth Management LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 68.0% in the 4th quarter. Purus Wealth Management LLC now owns 45,984 shares of the company’s stock valued at $2,645,000 after buying an additional 18,618 shares during the last quarter. Finally, Lee Johnson Capital Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 10.9% in the fourth quarter. Lee Johnson Capital Management LLC now owns 284,845 shares of the company’s stock valued at $16,387,000 after buying an additional 28,047 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

NYSEARCA JEPI opened at $58.50 on Tuesday. The firm has a market capitalization of $34.33 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm’s fifty day moving average price is $58.99 and its two-hundred day moving average price is $58.45. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

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.