Compass Ion Advisors LLC Cuts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Compass Ion Advisors LLC lowered its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,744 shares of the company’s stock after selling 2,143 shares during the quarter. Compass Ion Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,142,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Asset Allocation Strategies LLC increased its holdings in JPMorgan Equity Premium Income ETF by 3.6% in the 4th quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock worth $398,000 after acquiring an additional 253 shares in the last quarter. Global Trust Asset Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 146.8% during the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock worth $88,000 after purchasing an additional 900 shares in the last quarter. Mosley Wealth Management acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $578,000. Optimum Investment Advisors raised its holdings in shares of JPMorgan Equity Premium Income ETF by 331.3% during the first quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock valued at $75,000 after acquiring an additional 994 shares during the last quarter. Finally, Sapient Capital LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $285,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.68 on Monday. The stock has a 50 day moving average price of $56.59 and a 200 day moving average price of $56.32. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The stock has a market capitalization of $33.26 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.