Avior Wealth Management LLC Has $4.39 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

Avior Wealth Management LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 77,257 shares of the company’s stock after selling 5,233 shares during the quarter. Avior Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in JEPI. Kingstone Capital Partners Texas LLC increased its position in JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after purchasing an additional 401,771,477 shares during the period. JPMorgan Chase & Co. increased its position in JPMorgan Equity Premium Income ETF by 35.9% during the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after purchasing an additional 7,443,750 shares during the period. Royal Bank of Canada increased its position in JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after purchasing an additional 772,858 shares during the period. Envestnet Asset Management Inc. increased its position in JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after purchasing an additional 774,664 shares during the period. Finally, GAMMA Investing LLC increased its position in JPMorgan Equity Premium Income ETF by 6,084.5% during the 1st quarter. GAMMA Investing LLC now owns 7,460,484 shares of the company’s stock valued at $426,292,000 after purchasing an additional 7,339,853 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.94 on Friday. The company has a market capitalization of $41.09 billion, a PE ratio of 23.93 and a beta of 0.62. The company has a 50 day simple moving average of $56.78 and a two-hundred day simple moving average of $56.14. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88.

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.