39,038 JPMorgan Equity Premium Income ETF $JEPI Shares Sold by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 59.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,688 shares of the company’s stock after selling 39,038 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $1,500,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPI. NBH Bank purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at about $27,000. Advocate Investing Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth about $28,000. Monetary Solutions Ltd purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $30,000. Olistico Wealth LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth about $35,000. Finally, Provenance Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.87 on Thursday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The stock’s 50 day simple moving average is $57.05 and its two-hundred day simple moving average is $56.73. The stock has a market cap of $45.68 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.