JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Lifeworks Advisors LLC

Lifeworks Advisors LLC trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 52.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,345 shares of the company’s stock after selling 4,840 shares during the period. Lifeworks Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $250,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. TFB Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 3.7% during the 3rd quarter. TFB Advisors LLC now owns 8,105 shares of the company’s stock worth $482,000 after purchasing an additional 290 shares in the last quarter. Beckerman Institutional LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $1,411,000. Galvin Gaustad & Stein LLC increased its holdings in JPMorgan Equity Premium Income ETF by 3.9% in the third quarter. Galvin Gaustad & Stein LLC now owns 30,358 shares of the company’s stock valued at $1,807,000 after buying an additional 1,131 shares during the last quarter. Executive Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 9.0% in the third quarter. Executive Wealth Management LLC now owns 100,066 shares of the company’s stock valued at $5,955,000 after buying an additional 8,233 shares in the last quarter. Finally, Beta Wealth Group Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 15.2% during the 3rd quarter. Beta Wealth Group Inc. now owns 220,232 shares of the company’s stock worth $13,106,000 after acquiring an additional 29,125 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of JEPI opened at $58.20 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The stock has a 50 day moving average price of $58.60 and a 200 day moving average price of $58.98. The company has a market capitalization of $38.91 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

JPMorgan Equity Premium Income ETF Company 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.