Dakota Wealth Management Sells 8,573 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Dakota Wealth Management lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,215 shares of the company’s stock after selling 8,573 shares during the period. Dakota Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $990,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can grew its position in JPMorgan Equity Premium Income ETF by 8.8% during the 2nd quarter. Bank of Montreal Can now owns 41,865 shares of the company’s stock valued at $2,382,000 after purchasing an additional 3,374 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $295,000. Smith Thornton Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $270,000. Beaird Harris Wealth Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 293.0% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 2,594 shares of the company’s stock worth $147,000 after acquiring an additional 1,934 shares during the last quarter. Finally, Horizon Advisory Services Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 0.5% in the 2nd quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock worth $26,766,000 after acquiring an additional 2,158 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

Shares of JEPI opened at $59.10 on Friday. The company has a market cap of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business’s fifty day simple moving average is $58.93 and its two-hundred day simple moving average is $58.50. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88.

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.