Capital Investment Advisors LLC Has $50.36 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Capital Investment Advisors LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 846,246 shares of the company’s stock after selling 107,640 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.0% of Capital Investment Advisors LLC’s portfolio, making the stock its 24th largest position. Capital Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $50,360,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in JEPI. Stratos Investment Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 4.7% during the 3rd quarter. Stratos Investment Management LLC now owns 312,115 shares of the company’s stock worth $18,574,000 after purchasing an additional 14,104 shares during the period. Stratos Wealth Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 1.0% during the third quarter. Stratos Wealth Advisors LLC now owns 105,717 shares of the company’s stock worth $6,291,000 after buying an additional 1,010 shares in the last quarter. Sax Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 50.6% during the third quarter. Sax Wealth Advisors LLC now owns 8,567 shares of the company’s stock valued at $510,000 after acquiring an additional 2,878 shares during the period. Madrona Financial Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 79.4% in the 3rd quarter. Madrona Financial Services LLC now owns 138,456 shares of the company’s stock valued at $8,240,000 after acquiring an additional 61,288 shares in the last quarter. Finally, LexAurum Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 0.7% in the 3rd quarter. LexAurum Advisors LLC now owns 28,956 shares of the company’s stock worth $1,723,000 after acquiring an additional 207 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

JEPI opened at $59.93 on Friday. The stock has a market cap of $35.17 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s 50 day simple moving average is $58.63 and its 200-day simple moving average is $57.26. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $59.97.

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.