Kelly Financial Services LLC Has $1.10 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Kelly Financial Services LLC lessened its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 40.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,327 shares of the company’s stock after selling 13,258 shares during the quarter. Kelly Financial Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,104,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of JEPI. GAMMA Investing LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 6,084.5% during the 1st quarter. GAMMA Investing LLC now owns 7,460,484 shares of the company’s stock worth $426,292,000 after purchasing an additional 7,339,853 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $322,301,000. Wells Fargo & Company MN grew its holdings in shares of JPMorgan Equity Premium Income ETF by 16.4% during the 4th quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock worth $837,352,000 after purchasing an additional 2,051,299 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $53,537,000. Finally, Royal Bank of Canada grew its holdings in shares of JPMorgan Equity Premium Income ETF by 10.8% during the 4th quarter. Royal Bank of Canada now owns 7,346,281 shares of the company’s stock worth $422,631,000 after purchasing an additional 714,849 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.0%

Shares of NYSEARCA:JEPI opened at $56.18 on Thursday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88. The firm has a market capitalization of $39.98 billion, a PE ratio of 24.45 and a beta of 0.60. The business’s 50 day moving average is $55.07 and its 200-day moving average is $57.28.

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.