JPMorgan Chase & Co. Lowers Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

JPMorgan Chase & Co. reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,730,640 shares of the company’s stock after selling 1,658,539 shares during the quarter. JPMorgan Chase & Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,192,634,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Citigroup Inc. increased its stake in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Independent Advisor Alliance increased its position in shares of JPMorgan Equity Premium Income ETF by 4.8% during the third quarter. Independent Advisor Alliance now owns 14,563 shares of the company’s stock valued at $867,000 after acquiring an additional 667 shares in the last quarter. Hancock Whitney Corp purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $254,000. Bank of Montreal Can lifted its position in JPMorgan Equity Premium Income ETF by 14.5% in the 3rd quarter. Bank of Montreal Can now owns 47,931 shares of the company’s stock valued at $2,848,000 after acquiring an additional 6,066 shares in the last quarter. Finally, Townsquare Capital LLC boosted its stake in JPMorgan Equity Premium Income ETF by 59.0% during the 3rd quarter. Townsquare Capital LLC now owns 12,124 shares of the company’s stock valued at $721,000 after purchasing an additional 4,499 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

JPMorgan Equity Premium Income ETF stock opened at $57.38 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The stock has a fifty day simple moving average of $58.45 and a two-hundred day simple moving average of $58.87. The firm has a market cap of $39.22 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61.

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.