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

Marks Wealth LLC lessened its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 98.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,132 shares of the company’s stock after selling 484,952 shares during the period. JPMorgan Equity Premium Income ETF comprises about 0.2% of Marks Wealth LLC’s portfolio, making the stock its 10th biggest holding. Marks Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in JEPI. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% during 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 during the period. Cetera Investment Advisers raised its stake in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after purchasing an additional 285,180 shares in the last quarter. HighTower Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after buying an additional 83,858 shares during the last quarter. Finally, RiverFront Investment Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after buying an additional 166,821 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $59.14 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The stock has a market cap of $34.71 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm’s fifty day moving average price is $58.93 and its 200-day moving average price is $58.48.

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.