Costello Asset Management INC Sells 3,527 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Costello Asset Management INC lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 68.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,655 shares of the company’s stock after selling 3,527 shares during the quarter. Costello Asset Management INC’s holdings in JPMorgan Equity Premium Income ETF were worth $95,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of JEPI. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth $31,000. Running Point Capital Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the last quarter. Missouri Trust & Investment Co grew its stake in JPMorgan Equity Premium Income ETF by 737.2% in the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after purchasing an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $58.97 on Friday. The business’s fifty day moving average is $58.86 and its 200-day moving average is $58.59. The stock has a market capitalization of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year 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.