Lifeworks Advisors LLC Sells 5,873 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lifeworks Advisors LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,185 shares of the company’s stock after selling 5,873 shares during the quarter. Lifeworks Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $547,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of JEPI. Raymond James & Associates raised its stake in shares of JPMorgan Equity Premium Income ETF by 22.2% in the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock valued at $137,258,000 after buying an additional 439,155 shares during the period. Marshall Financial Group LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 132.0% in the second quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock valued at $6,278,000 after buying an additional 63,018 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 39.5% in the second quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock valued at $906,000 after purchasing an additional 4,524 shares in the last quarter. Heritage Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $978,000. Finally, Summit Wealth Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after purchasing an additional 957 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $59.78 on Friday. The stock has a market cap of $35.08 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.13 and a fifty-two week high of $60.20. The stock has a fifty day moving average of $59.20 and a 200-day moving average of $57.66.

About JPMorgan Equity Premium Income ETF

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.