JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Lowered by Indie Asset Partners LLC

Indie Asset Partners LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,858 shares of the company’s stock after selling 1,490 shares during the period. JPMorgan Equity Premium Income ETF accounts for 0.6% of Indie Asset Partners LLC’s investment portfolio, making the stock its 26th biggest holding. Indie Asset Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $825,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in JEPI. Cetera Investment Advisers lifted its position in shares of JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after buying an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% during the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares during the period. First Foundation Advisors grew its holdings in shares of JPMorgan Equity Premium Income ETF by 91.9% during the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after acquiring an additional 576,068 shares in the last quarter. Finally, RiverFront Investment Group LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 25.3% in the first quarter. RiverFront Investment Group LLC now owns 2,839,375 shares of the company’s stock worth $164,286,000 after acquiring an additional 573,494 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

JEPI opened at $58.47 on Friday. The stock has a fifty day moving average price of $58.98 and a 200 day moving average price of $57.43. JPMorgan Equity Premium Income ETF has a 1 year low of $52.93 and a 1 year high of $59.97. The stock has a market cap of $34.31 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.