JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc cut its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 99,997 shares of the company’s stock after selling 1,384 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $5,951,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JEPI. Cetera Investment Advisers raised its position in shares of JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after buying an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in JPMorgan Equity Premium Income ETF by 6,254.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after purchasing an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of JPMorgan Equity Premium Income ETF by 3.8% during the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares during the period. First Foundation Advisors raised its stake in shares of JPMorgan Equity Premium Income ETF by 91.9% in the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after buying an additional 576,068 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $31,505,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

NYSEARCA:JEPI opened at $60.02 on Thursday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.10 and a 52-week high of $60.20. The firm has a market cap of $35.22 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50-day moving average price is $59.16 and its 200 day moving average price is $57.65.

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.