Fortis Capital Advisors LLC Has $425,000 Holdings in JPMorgan Equity Premium Income ETF $JEPI

Fortis Capital Advisors LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.8% during the second quarter, Holdings Channel reports. The fund owned 7,477 shares of the company’s stock after selling 460 shares during the quarter. Fortis Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $425,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after acquiring an additional 401,771,477 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after acquiring an additional 7,443,750 shares during the period. Royal Bank of Canada raised its holdings in shares of JPMorgan Equity Premium Income ETF by 10.5% during the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after acquiring an additional 772,858 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 11.3% during the first quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after acquiring an additional 774,664 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 14.9% during the first quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock valued at $367,730,000 after acquiring an additional 833,285 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $57.03 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The company’s 50 day simple moving average is $56.76 and its 200-day simple moving average is $56.13. The firm has a market capitalization of $41.28 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.