Koa Wealth Management LLC Has $274,000 Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Koa Wealth Management LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 47.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,761 shares of the company’s stock after selling 4,329 shares during the quarter. Koa Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $274,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 8.4% in 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 during the period. HighTower Advisors LLC grew 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 worth $212,643,000 after purchasing an additional 83,858 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after purchasing an additional 376,400 shares during the period. Finally, Stifel Financial Corp raised its position 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 in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $59.13 on Friday. The business’s 50 day simple moving average is $58.89 and its 200 day simple moving average is $58.57. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company has a market capitalization of $34.70 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.