JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Decreased by Crewe Advisors LLC

Crewe Advisors LLC reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.2% during the third quarter, Holdings Channel reports. The firm owned 29,218 shares of the company’s stock after selling 366 shares during the period. Crewe Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,739,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JEPI. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after buying an additional 539,682 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% in the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after acquiring an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after purchasing an additional 285,180 shares during the period. RiverFront Investment Group LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after purchasing an additional 166,821 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 15.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,899,066 shares of the company’s stock valued at $164,319,000 after purchasing an additional 395,730 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of JEPI opened at $60.16 on Friday. The business’s 50-day moving average price is $59.36 and its 200 day moving average price is $57.82. The stock has a market capitalization of $35.30 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.27 and a 1-year high of $60.20.

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.