Integrated Advisors Network LLC Reduces Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Integrated Advisors Network LLC lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 49.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 175,856 shares of the company’s stock after selling 172,945 shares during the quarter. Integrated Advisors Network LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,048,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JEPI. Bank of Jackson Hole Trust purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. Duncker Streett & Co. Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. Creative Capital Management Investments LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $32,000. Crowley Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $32,000. Finally, Global Wealth Strategies & Associates purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth approximately $36,000.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

JEPI opened at $56.19 on Wednesday. The company has a market cap of $39.99 billion, a price-to-earnings ratio of 24.45 and a beta of 0.60. The company’s 50 day moving average is $54.99 and its 200 day moving average is $57.29. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88.

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.