International Assets Investment Management LLC Sells 26,813 Shares of JPMorgan Equity Premium Income ETF $JEPI

International Assets Investment Management LLC cut its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 161,496 shares of the company’s stock after selling 26,813 shares during the period. International Assets Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,110,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of JEPI. Equitable Holdings Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock worth $106,110,000 after acquiring an additional 1,801,951 shares during the period. Tableaux LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1,462.3% in the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock valued at $86,084,000 after purchasing an additional 1,407,660 shares during the period. Raymond James Financial Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after purchasing an additional 825,889 shares during the period. Tcfg Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after purchasing an additional 810,739 shares in the last quarter. Finally, SHP Wealth Management bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $42,882,000.

JPMorgan Equity Premium Income ETF Stock Up 0.2%

NYSEARCA:JEPI traded up $0.13 during trading hours on Friday, hitting $56.76. 3,315,346 shares of the company’s stock traded hands, compared to its average volume of 5,517,202. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The business’s fifty day simple moving average is $56.15 and its two-hundred day simple moving average is $57.32. The firm has a market cap of $45.17 billion, a P/E ratio of 23.93 and a beta of 0.54.

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.