JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 49.6% in the 2nd quarter, Holdings Channel reports. The fund owned 158,461 shares of the company’s stock after selling 155,659 shares during the period. JPMorgan Equity Premium Income ETF comprises 0.9% of Patriot Financial Group Insurance Agency LLC’s investment portfolio, making the stock its 24th biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,950,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Rice Partnership LLC lifted its position 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 during the last quarter. Providence Capital Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $26,000. Advocate Investing Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $28,000. EQ Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $29,000. Finally, Monetary Solutions Ltd bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $30,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $57.92 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a market cap of $46.20 billion, a P/E ratio of 23.93 and a beta of 0.53. The stock’s 50 day moving average price is $56.64 and its 200 day moving average price is $57.17.

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.