Prime Capital Investment Advisors LLC Has $10.78 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Prime Capital Investment Advisors LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 188,249 shares of the company’s stock after selling 12,074 shares during the period. Prime Capital Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,775,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Crewe Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after purchasing an additional 9,514 shares in the last quarter. Scott Capital Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 124.4% during the 3rd quarter. Scott Capital Advisors LLC now owns 123,643 shares of the company’s stock worth $7,037,000 after purchasing an additional 68,548 shares in the last quarter. Clearstead Trust LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 307.8% during the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock worth $4,539,000 after purchasing an additional 59,999 shares in the last quarter. BG Investment Services Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 49.1% during the 3rd quarter. BG Investment Services Inc. now owns 68,887 shares of the company’s stock worth $3,933,000 after purchasing an additional 22,670 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of JPMorgan Equity Premium Income ETF by 7.6% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 214,637 shares of the company’s stock worth $12,256,000 after purchasing an additional 15,186 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 1.9%

Shares of NYSEARCA:JEPI opened at $57.61 on Thursday. The company’s 50 day moving average price is $58.03 and its two-hundred day moving average price is $57.57. JPMorgan Equity Premium Income ETF has a 12-month low of $50.54 and a 12-month high of $59.90. The firm has a market cap of $44.66 billion, a PE ratio of 23.93 and a beta of 0.59.

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.