JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Moors & Cabot Inc.

Moors & Cabot Inc. reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 107,510 shares of the company’s stock after selling 756 shares during the quarter. Moors & Cabot Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after acquiring an additional 815,598 shares during the period. Envestnet Asset Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after purchasing an additional 539,682 shares during the period. Global Assets Advisory LLC grew its stake in JPMorgan Equity Premium Income ETF by 5,858.1% during the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after buying an additional 6,061,819 shares during the last quarter. Cetera Investment Advisers increased its position in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after buying an additional 3,318,702 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in JPMorgan Equity Premium Income ETF by 14.6% in the second quarter. Commonwealth Equity Services LLC now owns 3,379,837 shares of the company’s stock valued at $191,569,000 after buying an additional 430,134 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $59.04 on Tuesday. The firm has a fifty day moving average of $57.34 and a 200-day moving average of $56.93. The company has a market cap of $34.65 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $59.10.

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.