GFS Advisors LLC Sells 750 Shares of JPMorgan Equity Premium Income ETF $JEPI

GFS Advisors LLC lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,630 shares of the company’s stock after selling 750 shares during the quarter. GFS Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,651,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of JEPI. Brighton Jones LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth $402,000. GAMMA Investing LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.2% during the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock worth $7,460,000 after buying an additional 9,934 shares in the last quarter. CX Institutional bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $66,000. RMR Wealth Builders grew its stake in JPMorgan Equity Premium Income ETF by 6.6% in the 1st quarter. RMR Wealth Builders now owns 5,127 shares of the company’s stock valued at $293,000 after purchasing an additional 316 shares during the period. Finally, Krilogy Financial LLC grew its stake in JPMorgan Equity Premium Income ETF by 2.6% in the 1st quarter. Krilogy Financial LLC now owns 187,220 shares of the company’s stock valued at $10,698,000 after purchasing an additional 4,716 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.00 on Friday. The company has a market capitalization of $40.53 billion, a PE ratio of 23.93 and a beta of 0.62. The business has a fifty day moving average price of $56.77 and a two-hundred day moving average price of $56.11. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88.

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.