JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by L & S Advisors Inc

L & S Advisors Inc lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 86.5% in the second quarter, HoldingsChannel.com reports. The firm owned 12,905 shares of the company’s stock after selling 82,496 shares during the quarter. L & S Advisors Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $731,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JEPI. JPMorgan Chase & Co. increased its stake in JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 8.2% in the 2nd 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 during the last quarter. Global Assets Advisory LLC raised its stake in JPMorgan Equity Premium Income ETF by 5,858.1% during the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after acquiring an additional 6,061,819 shares in the last quarter. Cetera Investment Advisers lifted its position in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after acquiring an additional 3,318,702 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in JPMorgan Equity Premium Income ETF by 14.6% in the second quarter. Commonwealth Equity Services LLC now owns 3,379,837 shares of the company’s stock valued at $191,569,000 after acquiring an additional 430,134 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $59.01 on Wednesday. The stock’s 50-day moving average is $57.34 and its two-hundred day moving average is $56.93. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $59.15. The firm has a market cap of $34.63 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.