L & S Advisors Inc Cuts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

L & S Advisors Inc reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 86.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,905 shares of the company’s stock after selling 82,496 shares during the period. L & S Advisors Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $731,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of JEPI. Quadrant Capital Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $82,000. TrinityPoint Wealth LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 11.1% in the fourth quarter. TrinityPoint Wealth LLC now owns 63,739 shares of the company’s stock worth $3,504,000 after acquiring an additional 6,348 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 8.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 756,007 shares of the company’s stock worth $41,565,000 after acquiring an additional 60,886 shares during the period. Gladstone Institutional Advisory LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 41.5% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 10,642 shares of the company’s stock valued at $585,000 after acquiring an additional 3,120 shares in the last quarter. Finally, Coldstream Capital Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 75.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 9,410 shares of the company’s stock valued at $517,000 after purchasing an additional 4,046 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.01 on Wednesday. The business has a fifty day moving average price of $57.34 and a 200 day moving average price of $56.93. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.15. The stock has a market capitalization of $34.63 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.