JPMorgan Equity Premium Income ETF $JEPI Stock Holdings Cut by Apella Capital LLC

Apella Capital LLC reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 26.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 269,510 shares of the company’s stock after selling 97,034 shares during the period. Apella Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $15,214,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in JEPI. NBH Bank purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $27,000. Advocate Investing Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter valued at $28,000. Monetary Solutions Ltd purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $30,000. Olistico Wealth LLC purchased a new position in JPMorgan Equity Premium Income ETF during the third quarter worth $35,000. Finally, Provenance Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $42,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.10 during trading on Thursday, hitting $56.55. The stock had a trading volume of 2,090,181 shares, compared to its average volume of 5,155,415. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The firm’s fifty day simple moving average is $57.11 and its 200-day simple moving average is $56.71. The stock has a market cap of $45.63 billion, a PE ratio of 23.93 and a beta of 0.53.

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.