Capital Investment Advisors LLC Reduces Position in JPMorgan Equity Premium Income ETF $JEPI

Capital Investment Advisors LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 595,634 shares of the company’s stock after selling 24,919 shares during the period. Capital Investment Advisors LLC owned approximately 0.08% of JPMorgan Equity Premium Income ETF worth $34,094,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Clarity Asset Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. Asset Dedication LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth $28,000. BTG Pactual Asset Management US LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $31,000. Logan Capital Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $33,000. Finally, VSM Wealth Advisory LLC lifted its position in JPMorgan Equity Premium Income ETF by 84.1% in the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after buying an additional 269 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $55.55 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.90. The firm has a market cap of $40.94 billion, a PE ratio of 23.93 and a beta of 0.60. The company has a 50-day moving average of $58.31 and a two-hundred day moving average of $57.58.

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.