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

Dover Advisors LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,055 shares of the company’s stock after selling 453 shares during the quarter. Dover Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,211,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of JEPI. JPMorgan Chase & Co. boosted its holdings in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. HighTower Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.4% in 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 last quarter. MML Investors Services LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% in the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after buying an additional 376,400 shares during the period. Stifel Financial Corp boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after buying an additional 136,138 shares during the period. Finally, LPL Financial LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after buying an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.0 %

Shares of NYSEARCA JEPI opened at $59.13 on Monday. The firm’s 50-day moving average price is $58.57 and its two-hundred day moving average price is $58.88. 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 market capitalization of $34.70 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.