New York Life Investment Management LLC Sells 144,220 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

New York Life Investment Management LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 61.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 89,280 shares of the company’s stock after selling 144,220 shares during the quarter. New York Life Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,136,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in 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 valued at $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in JPMorgan Equity Premium Income ETF by 4,498.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after purchasing an additional 1,273,452 shares in the last quarter. Eaton Financial Holdings Company LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at $51,202,000. World Investment Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares in the last quarter. Finally, LPL Financial LLC raised its stake in 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 valued at $113,083,000 after purchasing an additional 416,013 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 1.2 %

JPMorgan Equity Premium Income ETF stock opened at $59.41 on Friday. The company has a market cap of $39.71 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The firm’s fifty day moving average is $58.64 and its 200 day moving average is $58.94. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.