CAP Partners LLC Sells 8,327 Shares of JPMorgan Equity Premium Income ETF $JEPI

CAP Partners LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 60,193 shares of the company’s stock after selling 8,327 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 2.2% of CAP Partners LLC’s investment portfolio, making the stock its 11th largest holding. CAP Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,422,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in JEPI. Kingstone Capital Partners Texas LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after acquiring an additional 7,443,750 shares in the last quarter. Nationwide Fund Advisors bought a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $396,998,000. Raymond James Financial Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 14.9% in the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after acquiring an additional 833,285 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 18.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock worth $280,174,000 after acquiring an additional 778,433 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $57.46 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The firm has a market capitalization of $41.34 billion, a P/E ratio of 23.93 and a beta of 0.62. The stock has a 50 day moving average price of $56.91 and a 200-day moving average price of $56.20.

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.