Worth Asset Management LLC Has $2.19 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Worth Asset Management LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,798 shares of the company’s stock after selling 1,160 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 1.2% of Worth Asset Management LLC’s investment portfolio, making the stock its 19th largest position. Worth Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,190,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after purchasing an additional 815,598 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after acquiring an additional 539,682 shares during the last quarter. Global Assets Advisory LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 5,858.1% during 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. Cetera Investment Advisers raised its position in shares of 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 acquiring an additional 52,301 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 14.6% during the second quarter. Commonwealth Equity Services LLC now owns 3,379,837 shares of the company’s stock worth $191,569,000 after acquiring an additional 430,134 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.0 %

JEPI stock opened at $59.16 on Friday. The business has a fifty day moving average of $58.16 and a 200-day moving average of $57.18. The company has a market cap of $34.72 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.58.

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.