JPMorgan Chase & Co. Trims Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

JPMorgan Chase & Co. decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,730,640 shares of the company’s stock after selling 1,658,539 shares during the quarter. JPMorgan Chase & Co. owned about 3.53% of JPMorgan Equity Premium Income ETF worth $1,192,634,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in JEPI. Bank of Jackson Hole Trust purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $28,000. Duncker Streett & Co. Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $28,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $31,000. Creative Capital Management Investments LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $32,000. Finally, Crowley Wealth Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $32,000.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

JEPI opened at $57.38 on Friday. The stock has a market cap of $39.22 billion, a PE ratio of 24.79 and a beta of 0.61. The business has a 50 day moving average of $58.45 and a 200-day moving average of $58.87. 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.