Farther Finance Advisors LLC Sells 87,406 Shares of JPMorgan Equity Premium Income ETF $JEPI

Farther Finance Advisors LLC decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 61.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,598 shares of the company’s stock after selling 87,406 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,118,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Geneos Wealth Management Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 20.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock valued at $16,249,000 after acquiring an additional 47,712 shares during the last quarter. Coastline Trust Co raised its stake in JPMorgan Equity Premium Income ETF by 14.0% during the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after purchasing an additional 243 shares in the last quarter. Cooper Financial Group lifted its position in JPMorgan Equity Premium Income ETF by 3.9% during the third quarter. Cooper Financial Group now owns 423,502 shares of the company’s stock valued at $24,182,000 after purchasing an additional 15,888 shares during the last quarter. Grandview Asset Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 8.6% in the 2nd quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock worth $851,000 after buying an additional 1,181 shares in the last quarter. Finally, Fermata Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% in the 3rd quarter. Fermata Advisors LLC now owns 229,595 shares of the company’s stock worth $13,110,000 after buying an additional 12,699 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

Shares of NYSEARCA:JEPI opened at $57.97 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73. The company has a 50-day moving average price of $57.16 and a 200 day moving average price of $56.85. The company has a market cap of $41.49 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

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.