JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Decreased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC cut its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 122,484 shares of the company’s stock after selling 11,526 shares during the quarter. Ameritas Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,289,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JEPI. Cetera Investment Advisers boosted its stake in shares of JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after acquiring an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after acquiring an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares in the last quarter. First Foundation Advisors lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 91.9% in the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after purchasing an additional 576,068 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $31,505,000.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPI traded up $0.11 during mid-day trading on Tuesday, reaching $58.54. The company’s stock had a trading volume of 427,047 shares, compared to its average volume of 3,114,589. The business has a fifty day moving average of $58.98 and a 200 day moving average of $57.46. The company has a market cap of $34.35 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $53.33 and a 1 year high of $59.97.

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.