JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Cypress Capital Management LLC WY

Cypress Capital Management LLC WY cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,809 shares of the company’s stock after selling 2,477 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.8% of Cypress Capital Management LLC WY’s holdings, making the stock its 16th largest holding. Cypress Capital Management LLC WY’s holdings in JPMorgan Equity Premium Income ETF were worth $1,553,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position 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 purchasing an additional 3,536,406 shares in the last quarter. Eaton Financial Holdings Company LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $51,202,000. World Investment Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third 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. Marks Wealth LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $29,284,000. Finally, LPL Financial LLC increased its stake in JPMorgan Equity Premium Income ETF by 28.0% in the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after purchasing an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

Shares of NYSEARCA:JEPI opened at $59.13 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock’s 50-day moving average price is $58.89 and its two-hundred day moving average price is $58.57. The firm has a market cap of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.