Souders Financial Advisors Lowers Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Souders Financial Advisors lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,967 shares of the company’s stock after selling 218 shares during the period. Souders Financial Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $950,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of JEPI. Cetera Investment Advisers raised its holdings in shares of JPMorgan Equity Premium Income ETF by 406.2% during the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC increased its position in JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after acquiring an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings 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 acquiring an additional 815,598 shares during the period. First Foundation Advisors boosted its position in JPMorgan Equity Premium Income ETF by 91.9% in the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after purchasing an additional 576,068 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $31,505,000.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

Shares of NYSEARCA JEPI opened at $59.97 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $53.67 and a 12-month high of $60.20. The firm has a market capitalization of $35.19 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a 50 day moving average of $59.13 and a 200 day moving average of $57.63.

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.