Caerus Investment Advisors LLC Sells 23,444 Shares of JPMorgan Equity Premium Income ETF $JEPI

Caerus Investment Advisors LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,778 shares of the company’s stock after selling 23,444 shares during the period. JPMorgan Equity Premium Income ETF accounts for 0.7% of Caerus Investment Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Caerus Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,162,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of America Corp DE boosted its holdings in JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the period. Raymond James Financial Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 2.8% in the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after purchasing an additional 201,202 shares in the last quarter. Nationwide Fund Advisors lifted its stake in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after purchasing an additional 51,190 shares in the last quarter. RiverFront Investment Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 24.0% in the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after purchasing an additional 737,043 shares in the last quarter. Finally, MML Investors Services LLC lifted its stake in JPMorgan Equity Premium Income ETF by 5.0% in the 2nd quarter. MML Investors Services LLC now owns 3,357,833 shares of the company’s stock worth $190,893,000 after purchasing an additional 158,645 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $55.80 on Friday. The firm’s fifty day moving average price is $56.54 and its 200-day moving average price is $57.48. 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 has a market cap of $44.21 billion, a P/E ratio of 23.93 and a beta of 0.54.

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