Wilmington Savings Fund Society FSB Cuts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wilmington Savings Fund Society FSB reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,870 shares of the company’s stock after selling 175 shares during the period. Wilmington Savings Fund Society FSB’s holdings in JPMorgan Equity Premium Income ETF were worth $683,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after buying an additional 285,180 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after acquiring an additional 83,858 shares during the last quarter. MML Investors Services LLC grew its position in JPMorgan Equity Premium Income ETF by 16.9% in the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after acquiring an additional 376,400 shares in the last quarter. Finally, Stifel Financial Corp increased its stake in JPMorgan Equity Premium Income ETF by 7.0% during the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after acquiring an additional 136,138 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $59.09 on Tuesday. The firm has a market capitalization of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50 day simple moving average of $58.65 and a 200-day simple moving average of $58.69. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

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.