Kestra Advisory Services LLC Has $104.27 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Kestra Advisory Services LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.1% during the first quarter, HoldingsChannel.com reports. The fund owned 1,839,578 shares of the company’s stock after selling 140,907 shares during the quarter. Kestra Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $104,267,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rice Partnership LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $26,000. FNY Investment Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $28,000. Advocate Investing Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth $28,000. Finally, EQ Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $29,000.

JPMorgan Equity Premium Income ETF Stock Up 0.2%

NYSEARCA:JEPI opened at $56.63 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The stock’s 50-day simple moving average is $56.15 and its 200 day simple moving average is $57.32. The firm has a market capitalization of $44.98 billion, a PE ratio of 23.93 and a beta of 0.54.

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