Integrated Advisors Network LLC Sells 166,767 Shares of JPMorgan Equity Premium Income ETF $JEPI

Integrated Advisors Network LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 89.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,716 shares of the company’s stock after selling 166,767 shares during the quarter. Integrated Advisors Network LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,117,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Westbourne Investment Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 1.6% in the 1st quarter. Westbourne Investment Advisors Inc. now owns 18,600 shares of the company’s stock valued at $1,054,000 after buying an additional 300 shares during the last quarter. Canvas Wealth Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 5.0% in the first quarter. Canvas Wealth Advisors LLC now owns 9,441 shares of the company’s stock valued at $535,000 after buying an additional 450 shares during the period. Red Mountain Financial LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 3.7% during the 1st quarter. Red Mountain Financial LLC now owns 34,996 shares of the company’s stock valued at $1,984,000 after purchasing an additional 1,247 shares during the last quarter. Kathmere Capital Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3.2% during the 1st quarter. Kathmere Capital Management LLC now owns 755,967 shares of the company’s stock worth $42,848,000 after buying an additional 23,592 shares during the last quarter. Finally, Abel Hall LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 75.0% during the first quarter. Abel Hall LLC now owns 7,000 shares of the company’s stock worth $397,000 after acquiring an additional 3,000 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.52 on Thursday. The stock’s fifty day moving average price is $56.16 and its two-hundred day moving average price is $57.33. The firm has a market cap of $44.89 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.