Evolution Wealth Advisors LLC Has $3.64 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Evolution Wealth Advisors LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,227 shares of the company’s stock after selling 2,303 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,641,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Morgan Stanley increased its stake in shares of JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after buying an additional 3,531,562 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $647,943,000. Moneta Group Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $460,136,000. Royal Bank of Canada lifted its position in shares of JPMorgan Equity Premium Income ETF by 15.3% during the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock worth $371,576,000 after purchasing an additional 922,303 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of JPMorgan Equity Premium Income ETF by 21.5% during the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after purchasing an additional 1,024,956 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock traded down $0.02 on Friday, reaching $55.45. 3,192,580 shares of the stock were exchanged, compared to its average volume of 3,600,742. The stock has a 50 day moving average price of $56.82 and a 200 day moving average price of $55.28. The stock has a market cap of $32.48 billion, a PE ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94.

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.