Lifestyle Asset Management Inc. decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 0.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,192 shares of the company’s stock after selling 362 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 2.0% of Lifestyle Asset Management Inc.’s holdings, making the stock its 8th biggest holding. Lifestyle Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,642,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in JEPI. Cetera Investment Advisers boosted its position in shares of JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after buying an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after acquiring an additional 1,032,746 shares during the period. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after acquiring an additional 815,598 shares in the last quarter. First Foundation Advisors raised its stake in shares of JPMorgan Equity Premium Income ETF by 91.9% during the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after purchasing an additional 576,068 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $31,505,000.
JPMorgan Equity Premium Income ETF Trading Up 0.1 %
JEPI opened at $59.67 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $53.33 and a twelve month high of $59.97. The firm has a market cap of $35.01 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company has a fifty day simple moving average of $59.04 and a 200 day simple moving average of $57.53.
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.
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