8,923 JPMorgan Equity Premium Income ETF $JEPI Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 141,282 shares of the company’s stock after selling 8,923 shares during the period. International Assets Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,902,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Legacy Private Trust Co. bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth $2,602,000. Private Client Services LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $3,694,000. Studio Investment Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 194.0% during the second quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after purchasing an additional 35,668 shares in the last quarter. Community Financial Services Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $6,319,000. Finally, Tucker Asset Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 42.1% in the second quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock worth $1,921,000 after purchasing an additional 10,075 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of JEPI opened at $56.43 on Friday. The firm has a 50-day moving average price of $56.85 and a 200 day moving average price of $57.15. The firm has a market capitalization of $45.32 billion, a PE ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

JPMorgan Equity Premium Income ETF Company 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.