JPMorgan Equity Premium Income ETF $JEPI Position Lowered by Investment Advisory Services Group LLC

Investment Advisory Services Group LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 67,249 shares of the company’s stock after selling 27,534 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 3.3% of Investment Advisory Services Group LLC’s portfolio, making the stock its 9th largest holding. Investment Advisory Services Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,812,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the stock. Morgan Stanley grew its position in shares of JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after purchasing an additional 261,872 shares in the last quarter. Bank of America Corp DE grew its holdings in JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after buying an additional 690,960 shares in the last quarter. Raymond James Financial Inc. increased its stake in JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after acquiring an additional 825,889 shares during the last quarter. Nationwide Fund Advisors raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after acquiring an additional 51,190 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan Equity Premium Income ETF by 7.2% during the 4th quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock valued at $316,581,000 after acquiring an additional 370,330 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

JEPI traded up $0.17 during trading hours on Tuesday, hitting $56.92. The company’s stock had a trading volume of 1,549,327 shares, compared to its average volume of 5,529,257. The business’s 50-day moving average price is $56.18 and its 200-day moving average price is $57.34. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a market cap of $45.13 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.

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