Kestra Private Wealth Services LLC Sells 12,802 Shares of JPMorgan Equity Premium Income ETF $JEPI

Kestra Private Wealth Services LLC reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 644,712 shares of the company’s stock after selling 12,802 shares during the quarter. Kestra Private Wealth Services LLC owned about 0.08% of JPMorgan Equity Premium Income ETF worth $36,542,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JEPI. Brighton Jones LLC bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $402,000. AQR Capital Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $847,000. Schnieders Capital Management LLC. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $3,093,000. Finally, First Trust Advisors LP bought a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $529,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

JEPI stock opened at $56.06 on Thursday. The firm has a market cap of $44.42 billion, a price-to-earnings 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. The company’s fifty day simple moving average is $56.37 and its 200 day simple moving average is $57.40.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.