Capital Analysts LLC Cuts Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Capital Analysts LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 187,759 shares of the company’s stock after selling 21,341 shares during the period. Capital Analysts LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,604,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Morgan Stanley raised its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock worth $2,703,692,000 after buying an additional 261,872 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% in the second 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. Royal Bank of Canada boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.7% in the first quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock valued at $474,201,000 after buying an additional 449,485 shares in the last quarter. Raymond James Financial Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 11.4% during the fourth 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 period. Finally, Cetera Investment Advisers grew its holdings in JPMorgan Equity Premium Income ETF by 10.0% during the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock worth $344,828,000 after acquiring an additional 553,011 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.87 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a fifty day moving average price of $57.24 and a two-hundred day moving average price of $57.02. The stock has a market capitalization of $45.36 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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.