JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Reduced by Centaurus Financial Inc.

Centaurus Financial Inc. reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,429 shares of the company’s stock after selling 4,173 shares during the period. Centaurus Financial Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,667,000 as of its most recent SEC filing.

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

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $60.16 on Friday. The stock has a market cap of $35.30 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.27 and a fifty-two week high of $60.20. The stock’s 50-day moving average is $59.36 and its two-hundred day moving average is $57.82.

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.