Capital Analysts LLC Reduces Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Capital Analysts LLC trimmed its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 187,759 shares of the company’s stock after selling 21,341 shares during the period. Capital Analysts LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,604,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Rice Partnership LLC increased its stake in 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 acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $26,000. NBH Bank purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth $27,000. Advocate Investing Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth $28,000. Finally, Monetary Solutions Ltd acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $30,000.

JPMorgan Equity Premium Income ETF Stock Down 0.6%

Shares of JEPI stock opened at $56.87 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The stock has a market cap of $45.36 billion, a P/E ratio of 23.93 and a beta of 0.53. The business has a fifty day simple moving average of $57.24 and a 200-day simple moving average of $57.02.

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