JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Holdings Decreased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,459,323 shares of the company’s stock after selling 106,808 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $141,485,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of JEPI. Heritage Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $978,000. Citigroup Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares during the period. Summit Wealth Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after purchasing an additional 957 shares during the period. Horizon Advisory Services Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 0.5% during the 2nd quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock valued at $26,766,000 after purchasing an additional 2,158 shares during the period. Finally, Brown Financial Advisors bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $3,263,000.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of NYSEARCA:JEPI opened at $58.87 on Thursday. The business has a 50 day moving average price of $58.94 and a 200 day moving average price of $58.47. The company has a market cap of $34.55 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88.

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.