Lion Street Advisors LLC Decreases Position in JPMorgan Equity Premium Income ETF $JEPI

Lion Street Advisors LLC lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 57.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,895 shares of the company’s stock after selling 5,355 shares during the quarter. Lion Street Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $221,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Mather Group LLC. purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $25,000. Millstone Evans Group LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.55 on Tuesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The stock has a 50-day simple moving average of $56.77 and a 200-day simple moving average of $56.10. The company has a market capitalization of $40.92 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.