International Assets Investment Management LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 98.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,732 shares of the company’s stock after selling 148,473 shares during the quarter. International Assets Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $97,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also made changes to their positions in the company. Prosperitas Financial LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1.1% in the 3rd quarter. Prosperitas Financial LLC now owns 29,011 shares of the company’s stock worth $1,631,000 after acquiring an additional 320 shares in the last quarter. Partners Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $2,168,000. Soltis Investment Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 49.0% in the 3rd quarter. Soltis Investment Advisors LLC now owns 169,947 shares of the company’s stock valued at $9,554,000 after purchasing an additional 55,908 shares during the period. Founders Financial Securities LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $1,233,000. Finally, ERn Financial LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 1.4% in the third quarter. ERn Financial LLC now owns 18,711 shares of the company’s stock worth $1,052,000 after purchasing an additional 265 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI stock traded up $0.04 during trading on Friday, hitting $56.43. 14,279,017 shares of the company were exchanged, compared to its average volume of 5,150,142. The firm has a market capitalization of $45.32 billion, a price-to-earnings ratio of 23.93 and a beta of 0.52. The business’s 50-day simple moving average is $56.85 and its 200 day simple moving average is $57.15. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
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