CRA Financial Services LLC Has $235,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

CRA Financial Services LLC lessened its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,062 shares of the company’s stock after selling 310 shares during the period. CRA Financial Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $235,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in JEPI. Morgan Stanley boosted its stake in JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock worth $1,751,195,000 after purchasing an additional 3,531,562 shares in the last quarter. International Assets Investment Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $647,943,000. Royal Bank of Canada increased its position in JPMorgan Equity Premium Income ETF by 15.3% in the 3rd quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after acquiring an additional 922,303 shares in the last quarter. Global Assets Advisory LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 5,858.1% in the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after acquiring an additional 6,061,819 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 5.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,836,775 shares of the company’s stock worth $320,906,000 after purchasing an additional 315,588 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

Shares of JEPI traded down $0.06 during mid-day trading on Friday, hitting $56.68. 2,478,110 shares of the company traded hands, compared to its average volume of 3,290,957. The stock has a market capitalization of $33.26 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50-day moving average of $56.59 and a 200 day moving average of $56.31. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94.

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.