Dynamic Advisor Solutions LLC reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 10.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 208,492 shares of the company’s stock after selling 25,469 shares during the period. Dynamic Advisor Solutions LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $11,776,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 54.1% in the 2nd quarter. GAMMA Investing LLC now owns 8,846 shares of the company’s stock valued at $500,000 after buying an additional 3,107 shares in the last quarter. Grant Private Wealth Management Inc raised its stake in JPMorgan Equity Premium Income ETF by 5.2% during the 2nd quarter. Grant Private Wealth Management Inc now owns 31,946 shares of the company’s stock worth $1,804,000 after acquiring an additional 1,573 shares in the last quarter. Harbor Investment Advisory LLC raised its stake in JPMorgan Equity Premium Income ETF by 0.7% during the 2nd quarter. Harbor Investment Advisory LLC now owns 46,866 shares of the company’s stock worth $2,647,000 after acquiring an additional 335 shares in the last quarter. Arlington Trust Co LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $53,000. Finally, CoreCap Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 3.2% in the second quarter. CoreCap Advisors LLC now owns 45,155 shares of the company’s stock valued at $2,550,000 after acquiring an additional 1,419 shares during the last quarter.
JPMorgan Equity Premium Income ETF Price Performance
NYSEARCA JEPI opened at $57.51 on Thursday. The company has a fifty day moving average of $56.40 and a two-hundred day moving average of $57.19. The company has a market capitalization of $45.87 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90.
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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