Kestra Private Wealth Services LLC Sells 12,802 Shares of JPMorgan Equity Premium Income ETF $JEPI

Kestra Private Wealth Services LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 644,712 shares of the company’s stock after selling 12,802 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $36,542,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Rice Partnership LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares in the last quarter. Providence Capital Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $26,000. FNY Investment Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $28,000. EQ Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $29,000. Finally, Monetary Solutions Ltd bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $30,000.

JPMorgan Equity Premium Income ETF Trading Up 0.4%

Shares of NYSEARCA JEPI opened at $56.06 on Thursday. The firm’s 50-day moving average price is $56.37 and its 200-day moving average price is $57.40. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The firm has a market capitalization of $44.42 billion, a P/E ratio of 23.93 and a beta of 0.54.

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