Moloney Securities Asset Management LLC Sells 5,496 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Moloney Securities Asset Management LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 8,370 shares of the company’s stock after selling 5,496 shares during the period. Moloney Securities Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $498,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of JEPI. Cetera Investment Advisers lifted its stake in shares of JPMorgan Equity Premium Income ETF by 406.2% in the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after acquiring an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after acquiring an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after acquiring an additional 815,598 shares during the last quarter. First Foundation Advisors lifted 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 valued at $69,611,000 after acquiring an additional 576,068 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $31,505,000.

JPMorgan Equity Premium Income ETF Stock Up 1.1 %

NYSEARCA JEPI opened at $59.52 on Thursday. The company has a market capitalization of $34.93 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 $53.33 and a twelve month high of $59.97. The stock has a fifty day simple moving average of $58.99 and a 200 day simple moving average of $57.51.

About JPMorgan Equity Premium Income ETF

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.