Integrated Advisors Network LLC Trims Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Integrated Advisors Network LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 362,331 shares of the company’s stock after selling 16,984 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 1.1% of Integrated Advisors Network LLC’s portfolio, making the stock its 12th biggest position. Integrated Advisors Network LLC owned approximately 0.07% of JPMorgan Equity Premium Income ETF worth $19,921,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Chicago Partners Investment Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $215,000. Napa Wealth Management purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $1,254,000. Raleigh Capital Management Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 21.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock valued at $62,000 after acquiring an additional 200 shares in the last quarter. WNY Asset Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 36.3% in the 4th quarter. WNY Asset Management LLC now owns 224,379 shares of the company’s stock worth $12,336,000 after purchasing an additional 59,752 shares during the last quarter. Finally, Clarity Capital Partners LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $1,660,000.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

NYSEARCA:JEPI traded down $0.11 on Friday, reaching $56.20. 2,732,010 shares of the stock traded hands, compared to its average volume of 3,338,612. The company has a market capitalization of $32.98 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The company’s fifty day simple moving average is $56.50 and its 200 day simple moving average is $56.16.

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.