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

Lifeworks Advisors LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 52.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,345 shares of the company’s stock after selling 4,840 shares during the period. Lifeworks Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares during the period. Raymond James Financial Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $322,301,000. HighTower Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares in the last quarter. MML Investors Services LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 16.9% in the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after purchasing an additional 376,400 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of JPMorgan Equity Premium Income ETF by 7.0% during the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after purchasing an additional 136,138 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.20 on Friday. The firm’s 50-day moving average price is $58.60 and its 200 day moving average price is $58.98. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The firm has a market capitalization of $38.91 billion, a PE ratio of 25.75 and a beta of 0.61.

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.