Bay Capital Advisors LLC Sells 13,946 Shares of JPMorgan Equity Premium Income ETF $JEPI

Bay Capital Advisors LLC cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,554 shares of the company’s stock after selling 13,946 shares during the period. JPMorgan Equity Premium Income ETF makes up about 1.7% of Bay Capital Advisors LLC’s portfolio, making the stock its 14th biggest holding. Bay Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,722,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. WESPAC Advisors SoCal LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.3% during the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after acquiring an additional 174 shares in the last quarter. Hurley Capital LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% in the third quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock valued at $519,000 after purchasing an additional 177 shares in the last quarter. BOS Asset Management LLC increased its position in JPMorgan Equity Premium Income ETF by 3.5% in the third quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock worth $298,000 after purchasing an additional 178 shares during the last quarter. Bessemer Group Inc. increased its position in JPMorgan Equity Premium Income ETF by 0.9% in the third quarter. Bessemer Group Inc. now owns 20,292 shares of the company’s stock worth $1,159,000 after purchasing an additional 185 shares during the last quarter. Finally, Comprehensive Money Management Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 3.6% during the third quarter. Comprehensive Money Management Services LLC now owns 5,428 shares of the company’s stock valued at $310,000 after purchasing an additional 188 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.5%

JEPI stock opened at $56.41 on Thursday. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.90. The company has a fifty day simple moving average of $58.20 and a two-hundred day simple moving average of $57.57. The firm has a market capitalization of $41.57 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.