JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 651,454 shares of the company’s stock after selling 144,897 shares during the period. Capital Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $37,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. BOS Asset Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 3.5% during the fourth quarter. BOS Asset Management LLC now owns 4,982 shares of the company’s stock valued at $287,000 after purchasing an additional 170 shares during the last quarter. Consolidated Planning Corp raised its position in JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after buying an additional 179 shares during the period. Beam Wealth Advisors Inc. raised its position in JPMorgan Equity Premium Income ETF by 0.4% during the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after buying an additional 196 shares during the period. Texas Yale Capital Corp. lifted its stake in JPMorgan Equity Premium Income ETF by 4.6% in the 4th quarter. Texas Yale Capital Corp. now owns 4,550 shares of the company’s stock worth $262,000 after acquiring an additional 200 shares in the last quarter. Finally, Lakeridge Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock worth $452,000 after acquiring an additional 206 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.5%

JPMorgan Equity Premium Income ETF stock opened at $56.03 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The stock has a market cap of $39.88 billion, a P/E ratio of 24.45 and a beta of 0.60. The company’s fifty day simple moving average is $54.99 and its 200-day simple moving average is $57.34.

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.