JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Avestar Capital LLC

Avestar Capital LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,184 shares of the company’s stock after selling 1,406 shares during the quarter. Avestar Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,791,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its position in JPMorgan Equity Premium Income ETF by 18.8% in the 3rd 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 period. Strategic Financial Concepts LLC lifted its position 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 worth $74,890,000 after purchasing an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC bought a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at about $51,202,000. World Investment Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares in the last quarter. Finally, Marks Wealth LLC acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $29,284,000.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

JEPI opened at $59.04 on Thursday. The firm has a market cap of $34.65 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a fifty day simple moving average of $58.61 and a 200-day simple moving average of $58.71. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week 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.