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

Etfidea LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,651 shares of the company’s stock after selling 4,380 shares during the quarter. Etfidea LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,943,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in JPMorgan Equity Premium Income ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after buying an additional 539,682 shares in the last quarter. 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 worth $237,377,000 after purchasing an additional 52,301 shares during the period. Commonwealth Equity Services LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after purchasing an additional 285,180 shares during the period. RiverFront Investment Group LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after purchasing an additional 166,821 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 15.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,899,066 shares of the company’s stock worth $164,319,000 after buying an additional 395,730 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $59.41 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.20 and a 12-month high of $60.20. The firm has a market capitalization of $34.86 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50 day simple moving average of $59.29 and a 200 day simple moving average of $57.76.

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.