Childress Capital Advisors LLC Decreases Stake in JPMorgan Equity Premium Income ETF $JEPI

Childress Capital Advisors LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 170,070 shares of the company’s stock after selling 99,013 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.8% of Childress Capital Advisors LLC’s portfolio, making the stock its 11th biggest position. Childress Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,711,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Park Avenue Securities LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $10,995,000. Integral Investment Advisors Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 2.3% in the third quarter. Integral Investment Advisors Inc. now owns 34,965 shares of the company’s stock valued at $1,997,000 after acquiring an additional 783 shares during the period. Kelly Financial Group LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $204,000. Investment Advisory Services Inc. TX ADV raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.3% during the third quarter. Investment Advisory Services Inc. TX ADV now owns 306,886 shares of the company’s stock valued at $17,523,000 after acquiring an additional 15,532 shares during the last quarter. Finally, Cerity Partners LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 6.2% during the third quarter. Cerity Partners LLC now owns 198,773 shares of the company’s stock worth $11,350,000 after purchasing an additional 11,678 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $57.95 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73. The stock has a market capitalization of $41.97 billion, a PE ratio of 23.93 and a beta of 0.60. The business’s 50-day moving average is $57.21 and its 200 day moving average is $56.95.

JPMorgan Equity Premium Income ETF Company 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.