Sigma Planning Corp Sells 59,209 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sigma Planning Corp cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 213,102 shares of the company’s stock after selling 59,209 shares during the period. Sigma Planning Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $12,260,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after buying an additional 83,858 shares during the last quarter. MML Investors Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after buying an additional 376,400 shares during the last quarter. Stifel Financial Corp raised its stake in shares of JPMorgan Equity Premium Income ETF by 7.0% during the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after buying an additional 136,138 shares during the last quarter. Finally, LPL Financial LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% during the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after buying an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.13 on Friday. The company has a market cap of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a 50 day simple moving average of $58.57 and a 200 day simple moving average of $58.83. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.