JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 77,840 shares of the company’s stock after selling 1,619 shares during the period. Princeton Global Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,478,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after purchasing an additional 285,180 shares in the last quarter. HighTower Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares in the last quarter. MML Investors Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after purchasing an additional 376,400 shares in the last quarter. Finally, Stifel Financial Corp raised its holdings in JPMorgan Equity Premium Income ETF by 7.0% during the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after purchasing an additional 136,138 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $58.97 on Monday. The stock has a market cap 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 12 month low of $54.77 and a 12 month high of $60.88. The stock’s 50 day moving average price is $58.86 and its 200 day moving average price is $58.61.

JPMorgan Equity Premium Income ETF Company 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.