Continuum Advisory LLC Sells 16,538 Shares of JPMorgan Equity Premium Income ETF $JEPI

Continuum Advisory LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.4% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 90,569 shares of the company’s stock after selling 16,538 shares during the period. Continuum Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,115,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $402,000. AQR Capital Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 28.1% during the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after acquiring an additional 18,619 shares during the period. Goldman Sachs Group Inc. bought a new position in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $847,000. Schnieders Capital Management LLC. bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $3,093,000. Finally, First Trust Advisors LP purchased a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $529,000.

JPMorgan Equity Premium Income ETF Stock Up 0.3%

Shares of NYSEARCA JEPI opened at $57.19 on Thursday. The firm’s fifty day moving average is $57.17 and its 200 day moving average is $57.08. 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 cap of $45.61 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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.