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% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,280 shares of the company’s stock after selling 144,220 shares during the period. New York Life Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,136,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of JEPI. JFS Wealth Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 48.5% during the 3rd quarter. JFS Wealth Advisors LLC now owns 6,190 shares of the company’s stock valued at $368,000 after acquiring an additional 2,023 shares during the period. US Bancorp DE lifted its position in JPMorgan Equity Premium Income ETF by 19.8% during the 3rd quarter. US Bancorp DE now owns 22,400 shares of the company’s stock valued at $1,333,000 after acquiring an additional 3,706 shares during the period. Stephens Inc. AR lifted its position in JPMorgan Equity Premium Income ETF by 4.8% during the 3rd quarter. Stephens Inc. AR now owns 507,647 shares of the company’s stock valued at $30,210,000 after acquiring an additional 23,462 shares during the period. Principal Securities Inc. lifted its position in JPMorgan Equity Premium Income ETF by 28.6% during the 3rd quarter. Principal Securities Inc. now owns 335,113 shares of the company’s stock valued at $19,943,000 after acquiring an additional 74,603 shares during the period. Finally, Focus Financial Network Inc. lifted its position in JPMorgan Equity Premium Income ETF by 8.1% during the 3rd quarter. Focus Financial Network Inc. now owns 39,089 shares of the company’s stock valued at $2,326,000 after acquiring an additional 2,934 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.41 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The stock has a market cap of $39.71 billion, a P/E ratio of 25.75 and a beta of 0.61. The firm has a 50-day moving average of $58.64 and a 200 day moving average of $58.94.

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.