Columbia Advisory Partners LLC Has $265,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Columbia Advisory Partners LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 54.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 4,583 shares of the company’s stock after selling 5,459 shares during the period. Columbia Advisory Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $265,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Columbus Macro LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 3.7% in the first quarter. Columbus Macro LLC now owns 10,860 shares of the company’s stock valued at $628,000 after acquiring an additional 386 shares during the last quarter. Retirement Planning Group LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 5.9% in the first quarter. Retirement Planning Group LLC now owns 11,153 shares of the company’s stock valued at $645,000 after acquiring an additional 618 shares during the last quarter. Fermata Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $3,563,000. Mechanics Bank Trust Department boosted its holdings in JPMorgan Equity Premium Income ETF by 10.7% in the first quarter. Mechanics Bank Trust Department now owns 262,981 shares of the company’s stock valued at $15,216,000 after acquiring an additional 25,397 shares during the last quarter. Finally, Keystone Wealth Services LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 9.4% in the first quarter. Keystone Wealth Services LLC now owns 4,415 shares of the company’s stock valued at $255,000 after acquiring an additional 380 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.0 %

JEPI stock traded down $0.02 during trading on Wednesday, hitting $56.73. The company had a trading volume of 1,372,299 shares, compared to its average volume of 3,295,744. The business has a 50-day moving average of $56.51 and a 200-day moving average of $56.29. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The stock has a market cap of $33.29 billion, a PE ratio of 24.40 and a beta of 0.53.

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.