JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Apella Capital LLC

Apella Capital LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.2% in the second quarter, Holdings Channel.com reports. The fund owned 366,544 shares of the company’s stock after selling 16,029 shares during the quarter. Apella Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $20,842,000 at the end of the most recent reporting period.

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

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $57.59 on Friday. The company has a market cap of $45.93 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The business’s fifty day moving average is $56.42 and its two-hundred day moving average is $57.19.

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.