JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Kelly Financial Services LLC

Kelly Financial Services LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,585 shares of the company’s stock after selling 15,516 shares during the period. Kelly Financial Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,875,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. J2 Capital Management Inc bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $5,153,000. Sandbox Financial Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 4.0% during the fourth quarter. Sandbox Financial Partners LLC now owns 196,643 shares of the company’s stock worth $11,313,000 after acquiring an additional 7,479 shares during the period. Herbst Group LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 64.1% in the fourth quarter. Herbst Group LLC now owns 83,059 shares of the company’s stock worth $4,778,000 after acquiring an additional 32,449 shares during the last quarter. Krilogy Financial LLC boosted its stake in JPMorgan Equity Premium Income ETF by 21.6% in the fourth quarter. Krilogy Financial LLC now owns 182,504 shares of the company’s stock valued at $10,499,000 after acquiring an additional 32,365 shares during the period. Finally, Ameritas Advisory Services LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 18.9% during the fourth quarter. Ameritas Advisory Services LLC now owns 145,666 shares of the company’s stock valued at $8,380,000 after purchasing an additional 23,182 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of NYSEARCA JEPI opened at $58.50 on Friday. The company has a market cap of $34.33 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock’s 50 day simple moving average is $59.02 and its 200 day simple moving average is $58.42. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month 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.