Bleakley Financial Group LLC Sells 137,277 Shares of JPMorgan Equity Premium Income ETF $JEPI

Bleakley Financial Group LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 78.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 37,025 shares of the company’s stock after selling 137,277 shares during the period. Bleakley Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,119,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after acquiring an additional 690,960 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock valued at $538,622,000 after acquiring an additional 493,639 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 2.8% during the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after purchasing an additional 201,202 shares during the last quarter. Nationwide Fund Advisors raised its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after purchasing an additional 51,190 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 24.0% during the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after purchasing an additional 737,043 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.28 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $55.15 and a 12-month high of $59.90. The stock has a market cap of $44.59 billion, a P/E ratio of 23.93 and a beta of 0.56. The business’s 50 day moving average is $56.73 and its 200-day moving average is $57.56.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.