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

Dynamic Advisor Solutions LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 233,536 shares of the company’s stock after selling 9,995 shares during the period. Dynamic Advisor Solutions LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,335,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of JEPI. Coastline Trust Co increased its position in JPMorgan Equity Premium Income ETF by 14.0% during the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock worth $113,000 after purchasing an additional 243 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 20.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock worth $16,249,000 after buying an additional 47,712 shares during the last quarter. Grandview Asset Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 8.6% during the 2nd quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock worth $851,000 after buying an additional 1,181 shares during the last quarter. Parallel Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 3.1% during the 2nd quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock valued at $2,592,000 after buying an additional 1,372 shares during the period. Finally, B. Riley Wealth Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $2,436,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.41 on Friday. The stock has a 50 day moving average of $57.03 and a 200 day moving average of $56.78. The firm has a market capitalization of $41.09 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73.

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.