Ameritas Advisory Services LLC Lowers Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Ameritas Advisory Services LLC lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 84,862 shares of the company’s stock after selling 60,202 shares during the period. Ameritas Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,824,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Atlas Capital Advisors Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 12.1% during the first quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock valued at $267,000 after buying an additional 504 shares during the period. Ritholtz Wealth Management lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.5% during the first quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock valued at $447,000 after buying an additional 192 shares during the period. GAMMA Investing LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 8.2% during the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock valued at $7,460,000 after buying an additional 9,934 shares during the period. Coastline Trust Co lifted its stake in shares of JPMorgan Equity Premium Income ETF by 14.0% during the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after buying an additional 243 shares during the period. Finally, Parallel Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3.1% during the second quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock valued at $2,592,000 after buying an additional 1,372 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.85 on Friday. The company has a market capitalization of $41.15 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. The company’s 50 day simple moving average is $56.77 and its 200 day simple moving average is $56.14. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.