AlphaMark Advisors LLC Sells 4,850 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

AlphaMark Advisors LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 71.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,966 shares of the company’s stock after selling 4,850 shares during the period. AlphaMark Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $117,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JEPI. Smallwood Wealth Investment Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 14.6% in the third quarter. Smallwood Wealth Investment Management LLC now owns 9,788 shares of the company’s stock valued at $582,000 after purchasing an additional 1,246 shares in the last quarter. Marshall Financial Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.2% during the 3rd quarter. Marshall Financial Group LLC now owns 112,102 shares of the company’s stock worth $6,671,000 after acquiring an additional 1,336 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 11.4% in the third quarter. Bleakley Financial Group LLC now owns 82,737 shares of the company’s stock valued at $4,924,000 after purchasing an additional 8,496 shares during the last quarter. Optimum Investment Advisors lifted its position in shares of JPMorgan Equity Premium Income ETF by 23.2% in the third quarter. Optimum Investment Advisors now owns 1,594 shares of the company’s stock worth $95,000 after purchasing an additional 300 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 28.6% during the third quarter. Global Retirement Partners LLC now owns 56,610 shares of the company’s stock worth $3,369,000 after purchasing an additional 12,577 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

Shares of JEPI stock opened at $59.93 on Friday. The firm’s fifty day moving average price is $58.63 and its two-hundred day moving average price is $57.26. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $59.97. The firm has a market capitalization of $35.17 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.