Bryn Mawr Capital Management LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 47.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,792 shares of the company’s stock after selling 9,019 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $563,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. HighTower Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after buying an additional 83,858 shares in the last quarter. MML Investors Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 16.9% in the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after buying an additional 376,400 shares in the last quarter. Stifel Financial Corp increased its position in shares of JPMorgan Equity Premium Income ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after buying an additional 136,138 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 28.0% in the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after buying an additional 416,013 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Down 1.0 %
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 company has a fifty day simple moving average of $58.57 and a 200 day simple moving average of $58.83. The stock has a market cap of $34.70 billion, a P/E ratio of 24.40 and a beta of 0.53.
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.
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