JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% during the 4th quarter, Holdings Channel reports. The fund owned 269,194 shares of the company’s stock after selling 23,623 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 0.5% of Ocean Park Asset Management LLC’s portfolio, making the stock its 29th largest holding. Ocean Park Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $15,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in 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 valued at $218,105,000 after purchasing an additional 285,180 shares in the last quarter. HighTower Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares during the period. MML Investors Services LLC raised its stake 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 buying an additional 376,400 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.0% in the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after buying an additional 136,138 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.09 on Tuesday. 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 $58.65 and its two-hundred day moving average price is $58.69. The stock has a market cap of $34.68 billion, a PE ratio of 24.40 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

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.