Kestra Advisory Services LLC Has $104.27 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

Kestra Advisory Services LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,839,578 shares of the company’s stock after selling 140,907 shares during the period. Kestra Advisory Services LLC owned approximately 0.23% of JPMorgan Equity Premium Income ETF worth $104,267,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Rice Partnership LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after buying an additional 249 shares in the last quarter. Providence Capital Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $26,000. FNY Investment Advisers LLC bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $28,000. Advocate Investing Services LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $28,000. Finally, EQ Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $29,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.63 on Friday. The firm has a market cap of $44.98 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The business’s fifty day moving average is $56.15 and its 200-day moving average is $57.32.

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.