148,473 JPMorgan Equity Premium Income ETF $JEPI Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 98.8% in the third quarter, HoldingsChannel reports. The firm owned 1,732 shares of the company’s stock after selling 148,473 shares during the period. International Assets Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $97,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Prosperitas Financial LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% in the 3rd quarter. Prosperitas Financial LLC now owns 29,011 shares of the company’s stock worth $1,631,000 after buying an additional 320 shares in the last quarter. Partners Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $2,168,000. Soltis Investment Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 49.0% in the third quarter. Soltis Investment Advisors LLC now owns 169,947 shares of the company’s stock worth $9,554,000 after acquiring an additional 55,908 shares during the last quarter. Founders Financial Securities LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $1,233,000. Finally, ERn Financial LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 1.4% during the third quarter. ERn Financial LLC now owns 18,711 shares of the company’s stock valued at $1,052,000 after acquiring an additional 265 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock traded up $0.04 during trading hours on Friday, reaching $56.43. The company had a trading volume of 14,279,017 shares, compared to its average volume of 5,150,142. The firm has a market cap of $45.32 billion, a price-to-earnings ratio of 23.93 and a beta of 0.52. The company has a 50 day moving average of $56.85 and a 200 day moving average of $57.15. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90.

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.