JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Mainsail Asset Management LLC

Mainsail Asset Management LLC lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 66.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,206 shares of the company’s stock after selling 12,214 shares during the period. Mainsail Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $351,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JEPI. NBH Bank bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth $27,000. Advocate Investing Services LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $28,000. Monetary Solutions Ltd purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $30,000. Olistico Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at $35,000. Finally, Provenance Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $42,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.87 on Thursday. The stock has a 50-day moving average price of $57.05 and a 200-day moving average price of $56.73. The firm has a market cap of $45.68 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90.

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.