Dana Investment Advisors Inc. Sells 411 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Dana Investment Advisors Inc. cut its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,197 shares of the company’s stock after selling 411 shares during the period. Dana Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $295,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Fluent Financial LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.2% during the first quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock worth $258,000 after purchasing an additional 181 shares in the last quarter. FSC Wealth Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 2.9% in the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after purchasing an additional 188 shares during the last quarter. Hixon Zuercher LLC grew its position in JPMorgan Equity Premium Income ETF by 3.7% during the second quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock valued at $302,000 after buying an additional 190 shares during the period. Raleigh Capital Management Inc. increased its position in JPMorgan Equity Premium Income ETF by 21.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after buying an additional 200 shares in the last quarter. Finally, Salem Investment Counselors Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 17.5% in the first quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after buying an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of JEPI opened at $59.16 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.58. The company has a market capitalization of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53. The business’s 50 day moving average is $57.97 and its 200 day moving average is $57.12.

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.