JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 205,029 shares of the company’s stock after selling 7,961 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 0.3% of International Assets Investment Management LLC’s investment portfolio, making the stock its 25th largest holding. International Assets Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $11,715,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BOS Asset Management LLC raised its stake in shares of 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 in the last quarter. Ritholtz Wealth Management boosted its stake in JPMorgan Equity Premium Income ETF by 2.5% in the 1st quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock valued at $447,000 after buying an additional 192 shares in the last quarter. Beam Wealth Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 0.4% in the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock worth $2,948,000 after purchasing an additional 196 shares in the last quarter. Texas Yale Capital Corp. increased its holdings in JPMorgan Equity Premium Income ETF by 4.6% in the fourth quarter. Texas Yale Capital Corp. now owns 4,550 shares of the company’s stock valued at $262,000 after purchasing an additional 200 shares during the last quarter. Finally, LVZ Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 2.8% in the first quarter. LVZ Inc. now owns 7,707 shares of the company’s stock valued at $440,000 after purchasing an additional 211 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.7%

NYSEARCA JEPI opened at $56.13 on Tuesday. The company has a market capitalization of $39.95 billion, a PE ratio of 24.45 and a beta of 0.60. The stock has a 50-day simple moving average of $55.51 and a 200 day simple moving average of $56.99. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88.

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.