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

Simplicity Wealth LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 14,187 shares of the company’s stock after selling 848 shares during the period. Simplicity Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $816,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position 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 worth $1,332,380,000 after acquiring an additional 3,536,406 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $322,301,000. HighTower Advisors LLC grew 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 worth $212,643,000 after acquiring 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 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after acquiring an additional 376,400 shares in the last quarter. Finally, Stifel Financial Corp grew 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 worth $124,281,000 after acquiring an additional 136,138 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

Shares of JEPI opened at $58.20 on Monday. The firm has a market cap of $38.91 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The stock has a 50 day moving average of $58.60 and a 200-day moving average of $58.98. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88.

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.