Capital Investment Advisors LLC Lowers Holdings in JPMorgan Equity Premium Income ETF $JEPI

Capital Investment Advisors LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% in the fourth quarter, HoldingsChannel reports. The firm owned 595,634 shares of the company’s stock after selling 24,919 shares during the quarter. Capital Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $34,094,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JEPI. Clarity Asset Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Asset Dedication LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $28,000. BTG Pactual Asset Management US LLC acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $31,000. Logan Capital Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $33,000. Finally, VSM Wealth Advisory LLC increased its stake in JPMorgan Equity Premium Income ETF by 84.1% in the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after purchasing an additional 269 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 1.1%

JEPI stock opened at $55.55 on Friday. The stock has a market cap of $40.94 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.90. The company’s 50 day moving average is $58.31 and its two-hundred day moving average is $57.58.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.