Kane Investment Management Inc. reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 68.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,377 shares of the company’s stock after selling 9,596 shares during the quarter. Kane Investment Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $249,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the business. Bartlett & CO. Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. GHP Investment Advisors Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $29,000. Millstone Evans Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $32,000.
JPMorgan Equity Premium Income ETF Stock Performance
NYSEARCA JEPI opened at $56.74 on Friday. The stock has a market capitalization of $40.61 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The stock has a fifty day moving average of $56.88 and a 200-day moving average of $56.55.
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.
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