Sanctuary Advisors LLC Trims Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Sanctuary Advisors LLC trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 485,575 shares of the company’s stock after selling 18,354 shares during the period. Sanctuary Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $27,522,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Crewe Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after purchasing an additional 9,514 shares in the last quarter. Capital Investment Advisory Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 32.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after acquiring an additional 55,610 shares in the last quarter. Cyndeo Wealth Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 90.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after acquiring an additional 12,790 shares in the last quarter. Apella Capital LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.8% in the 4th quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after acquiring an additional 9,499 shares during the period. Finally, Leo Wealth LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $757,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.62 on Thursday. The business’s 50-day moving average is $56.13 and its two-hundred day moving average is $57.29. The firm has a market capitalization of $45.07 billion, a PE ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90.

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.