Dynamic Advisor Solutions LLC Decreases Stake in JPMorgan Equity Premium Income ETF $JEPI

Dynamic Advisor Solutions LLC cut its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 208,492 shares of the company’s stock after selling 25,469 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $11,776,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JEPI. Rice Partnership LLC grew its holdings in JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares in the last quarter. Providence Capital Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $26,000. Advocate Investing Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at $28,000. EQ Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $29,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $30,000.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

Shares of JEPI stock opened at $57.51 on Thursday. The firm has a fifty day moving average price of $56.40 and a 200 day moving average price of $57.19. The company has a market cap of $45.87 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90.

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.