Investment Advisory Services Inc. TX ADV Has $12.64 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Investment Advisory Services Inc. TX ADV decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 223,721 shares of the company’s stock after selling 40,556 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 3.6% of Investment Advisory Services Inc. TX ADV’s portfolio, making the stock its 6th biggest holding. Investment Advisory Services Inc. TX ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $12,636,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Rice Partnership LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares during the last quarter. Providence Capital Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $26,000. Advocate Investing Services LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth $28,000. EQ Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $29,000. Finally, Monetary Solutions Ltd bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $30,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $57.84 on Thursday. The company has a market capitalization of $46.13 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The firm’s 50 day simple moving average is $56.60 and its two-hundred day simple moving average is $57.17.

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.