Boreal Capital Management LLC Sells 11,560 Shares of JPMorgan Equity Premium Income ETF $JEPI

Boreal Capital Management LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 24,214 shares of the company’s stock after selling 11,560 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.3% of Boreal Capital Management LLC’s holdings, making the stock its 20th largest position. Boreal Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,372,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in JEPI. Sentinel Advisory Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at $531,000. Compound Planning Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 5.8% during the first quarter. Compound Planning Inc. now owns 14,555 shares of the company’s stock valued at $825,000 after purchasing an additional 799 shares in the last quarter. Wills Financial Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 22.8% in the 1st quarter. Wills Financial Group LLC now owns 5,785 shares of the company’s stock valued at $324,000 after purchasing an additional 1,074 shares during the period. American Financial Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 9.5% during the 1st quarter. American Financial Advisors LLC now owns 9,106 shares of the company’s stock worth $516,000 after buying an additional 787 shares during the period. Finally, Lido Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 14.9% in the 1st quarter. Lido Advisors LLC now owns 463,452 shares of the company’s stock valued at $26,268,000 after buying an additional 60,270 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.80 on Friday. The company’s fifty day moving average is $56.22 and its 200-day moving average is $57.24. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The company has a market capitalization of $45.36 billion, a PE ratio of 23.93 and a beta of 0.54.

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.