Exchange Traded Concepts LLC Sells 8,041 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Exchange Traded Concepts LLC cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,454 shares of the company’s stock after selling 8,041 shares during the quarter. Exchange Traded Concepts LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,111,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted 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. Eaton Financial Holdings Company LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $51,202,000. World Investment Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after acquiring an additional 711,094 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $31,505,000. Finally, Marks Wealth LLC bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $29,284,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.10 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company’s 50 day moving average price is $58.93 and its 200-day moving average price is $58.52. The stock has a market capitalization of $34.68 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.