54,999 JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Fermata Advisors LLC

Fermata Advisors LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,394 shares of the company’s stock after selling 54,999 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 2.0% of Fermata Advisors LLC’s portfolio, making the stock its 9th largest position. Fermata Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,423,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 3Chopt Investment Partners LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 9.0% during the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after purchasing an additional 177 shares in the last quarter. Private Capital Advisors Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Private Capital Advisors Inc. now owns 9,292 shares of the company’s stock worth $522,000 after purchasing an additional 200 shares during the last quarter. Mayflower Financial Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 0.7% during the first quarter. Mayflower Financial Advisors LLC now owns 30,564 shares of the company’s stock worth $1,732,000 after purchasing an additional 209 shares during the last quarter. Capstone Financial Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 1.6% in the 2nd quarter. Capstone Financial Advisors Inc. now owns 14,739 shares of the company’s stock valued at $832,000 after buying an additional 238 shares during the last quarter. Finally, Alliance Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 1.6% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 15,013 shares of the company’s stock valued at $848,000 after buying an additional 242 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.96 on Tuesday. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The firm has a 50-day moving average price of $57.07 and a two-hundred day moving average price of $56.72. The firm has a market cap of $45.88 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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.