GAMMA Investing LLC Sells 18,235 Shares of JPMorgan Equity Premium Income ETF $JEPI

GAMMA Investing LLC lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 69.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,179 shares of the company’s stock after selling 18,235 shares during the period. GAMMA Investing LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in JEPI. Clarity Asset Management Inc. bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $25,000. Asset Dedication LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $28,000. Finally, Pin Oak Investment Advisors Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 73.6% in the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2%

JEPI stock opened at $57.54 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.73. The company has a fifty day simple moving average of $57.06 and a two-hundred day simple moving average of $56.79. The firm has a market capitalization of $41.19 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.