JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Lessened by Cooper Financial Group

Cooper Financial Group trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 324,502 shares of the company’s stock after selling 29,666 shares during the period. JPMorgan Equity Premium Income ETF makes up about 2.2% of Cooper Financial Group’s holdings, making the stock its 11th biggest position. Cooper Financial Group owned approximately 0.06% of JPMorgan Equity Premium Income ETF worth $18,669,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Heritage Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $978,000. Citigroup Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after acquiring an additional 50,459 shares in the last quarter. Summit Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after acquiring an additional 957 shares during the last quarter. Horizon Advisory Services Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the second quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock worth $26,766,000 after acquiring an additional 2,158 shares in the last quarter. Finally, Brown Financial Advisors purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at about $3,263,000.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

JEPI stock traded up $0.14 during mid-day trading on Monday, hitting $57.20. The stock had a trading volume of 2,333,603 shares, compared to its average volume of 3,918,487. The stock has a market capitalization of $33.57 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 $54.72 and a 1-year high of $60.88. The company has a fifty day moving average of $59.16 and a 200 day moving average of $58.38.

JPMorgan Equity Premium Income ETF 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.