IMS Capital Management Sells 271 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

IMS Capital Management lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,152 shares of the company’s stock after selling 271 shares during the period. IMS Capital Management’s holdings in JPMorgan Equity Premium Income ETF were worth $411,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after acquiring an additional 3,536,406 shares during the last quarter. Strategic Financial Concepts LLC raised 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 purchasing an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $51,202,000. World Investment Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares during the period. Finally, Marks Wealth LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $29,284,000.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.28 on Friday. The stock’s fifty day simple moving average is $58.60 and its 200 day simple moving average is $58.72. The company has a market capitalization of $34.79 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88.

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.