TD Private Client Wealth LLC Sells 704 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

TD Private Client Wealth LLC decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.1% during the 3rd quarter, Holdings Channel reports. The firm owned 1,718 shares of the company’s stock after selling 704 shares during the quarter. TD Private Client Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $102,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in JPMorgan Equity Premium Income ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after buying an additional 539,682 shares during the period. Cetera Investment Advisers raised its stake in JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares during the period. Commonwealth Equity Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after buying an additional 285,180 shares during the period. HighTower Advisors LLC raised its stake in 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 buying an additional 83,858 shares during the period. Finally, RiverFront Investment Group LLC raised its stake in JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after buying an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.43 on Monday. The stock’s 50 day simple moving average is $59.65 and its 200 day simple moving average is $58.16. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.62 and a fifty-two week high of $60.88. The company has a market cap of $34.88 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.