JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 269,194 shares of the company’s stock after selling 23,623 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 0.5% of Ocean Park Asset Management LLC’s holdings, making the stock its 29th largest holding. Ocean Park Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $15,487,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd 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. Strategic Financial Concepts LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 4,498.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after acquiring an additional 1,273,452 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $51,202,000. World Investment Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 748.5% in the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after acquiring an additional 711,094 shares during the period. Finally, Marks Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $29,284,000.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

Shares of NYSEARCA JEPI opened at $59.09 on Tuesday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The company has a market cap of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock’s 50 day simple moving average is $58.65 and its 200 day simple moving average is $58.69.

JPMorgan Equity Premium Income ETF 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.