Corient Private Wealth LLC Decreases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Corient Private Wealth LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 37.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 130,298 shares of the company’s stock after selling 77,306 shares during the quarter. Corient Private Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,496,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $322,301,000. Commonwealth Equity Services LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 12.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock valued at $237,303,000 after acquiring an additional 459,845 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.0% in the fourth quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock worth $211,830,000 after acquiring an additional 108,546 shares during the last quarter. Finally, MML Investors Services LLC increased its position 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 in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

JPMorgan Equity Premium Income ETF stock opened at $57.27 on Friday. The company has a fifty day simple moving average of $58.46 and a 200-day simple moving average of $58.89. The firm has a market capitalization of $39.15 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week 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.