MONECO Advisors LLC Lowers Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

MONECO Advisors LLC lessened its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 27.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,264 shares of the company’s stock after selling 3,525 shares during the quarter. MONECO Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $533,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in JEPI. JPMorgan Chase & Co. increased its stake 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 valued at $1,332,380,000 after acquiring an additional 3,536,406 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in JPMorgan Equity Premium Income ETF by 4,498.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after acquiring an additional 1,273,452 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $51,202,000. World Investment Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% during the third 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 Trading Down 0.1 %

Shares of NYSEARCA:JEPI opened at $59.10 on Tuesday. The stock’s 50-day moving average price is $58.56 and its 200-day moving average price is $58.90. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock has a market capitalization of $34.68 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.