Southern Capital Services Inc. ADV trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 33.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,647 shares of the company’s stock after selling 32,760 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.4% of Southern Capital Services Inc. ADV’s portfolio, making the stock its 17th biggest holding. Southern Capital Services Inc. ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $3,664,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Rice Partnership LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after buying an additional 249 shares in the last quarter. Providence Capital Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $26,000. FNY Investment Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $28,000. Advocate Investing Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $28,000. Finally, EQ Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $29,000.
JPMorgan Equity Premium Income ETF Stock Down 0.6%
NYSEARCA:JEPI opened at $56.52 on Thursday. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The stock has a market capitalization of $44.89 billion, a PE ratio of 23.93 and a beta of 0.54. The stock’s 50-day moving average price is $56.16 and its 200-day moving average price is $57.33.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
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