Integrated Advisors Network LLC Lowers Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Integrated Advisors Network LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 49.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 175,856 shares of the company’s stock after selling 172,945 shares during the period. Integrated Advisors Network LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,048,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in JPMorgan Equity Premium Income ETF by 1.6% during the fourth quarter. Bank of America Corp DE now owns 31,254,116 shares of the company’s stock valued at $1,798,049,000 after purchasing an additional 506,627 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in JPMorgan Equity Premium Income ETF by 16.4% during the fourth quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock valued at $837,352,000 after purchasing an additional 2,051,299 shares in the last quarter. GAMMA Investing LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 6,084.5% during the first quarter. GAMMA Investing LLC now owns 7,460,484 shares of the company’s stock valued at $426,292,000 after purchasing an additional 7,339,853 shares in the last quarter. Royal Bank of Canada lifted its holdings in JPMorgan Equity Premium Income ETF by 10.8% during the fourth quarter. Royal Bank of Canada now owns 7,346,281 shares of the company’s stock valued at $422,631,000 after purchasing an additional 714,849 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 7.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 6,836,665 shares of the company’s stock valued at $393,313,000 after purchasing an additional 484,267 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.19 on Wednesday. The stock has a market cap of $39.99 billion, a P/E ratio of 24.45 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The firm’s 50 day moving average price is $54.99 and its 200-day moving average price is $57.29.

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.