Sage Mountain Advisors LLC Sells 872 Shares of JPMorgan Equity Premium Income ETF $JEPI

Sage Mountain Advisors LLC reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,856 shares of the company’s stock after selling 872 shares during the period. Sage Mountain Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $106,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Atlas Capital Advisors Inc. raised its stake in JPMorgan Equity Premium Income ETF by 12.1% in the first quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock worth $267,000 after buying an additional 504 shares in the last quarter. Coastline Trust Co grew its holdings in JPMorgan Equity Premium Income ETF by 14.0% in the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock worth $113,000 after purchasing an additional 243 shares during the period. Grandview Asset Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.6% in the second quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock worth $851,000 after purchasing an additional 1,181 shares during the period. Parallel Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 3.1% in the second quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock worth $2,592,000 after purchasing an additional 1,372 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth about $847,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $57.60 on Tuesday. The stock has a market cap of $41.32 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The firm’s 50-day simple moving average is $56.95 and its two-hundred day simple moving average is $56.30.

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.