JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Marks Wealth LLC

Marks Wealth LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 98.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,132 shares of the company’s stock after selling 484,952 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 0.2% of Marks Wealth LLC’s investment portfolio, making the stock its 10th biggest position. Marks Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $410,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JEPI. JPMorgan Chase & Co. grew its position 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 acquiring an additional 3,536,406 shares during the period. Cetera Investment Advisers raised its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 8.4% in the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares during the last quarter. HighTower Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after buying an additional 83,858 shares during the last quarter. Finally, RiverFront Investment Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after buying an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $59.14 on Friday. The company has a market capitalization of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock’s fifty day moving average is $58.93 and its 200-day moving average is $58.48.

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.