Sigma Planning Corp Sells 22,156 Shares of JPMorgan Equity Premium Income ETF $JEPI

Sigma Planning Corp lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 204,954 shares of the company’s stock after selling 22,156 shares during the quarter. Sigma Planning Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $11,652,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. GHP Investment Advisors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $25,000. Mather Group LLC. bought a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $25,000. Millstone Evans Group LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth about $29,000. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth about $29,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.88 on Monday. The stock’s 50 day moving average price is $56.94 and its 200-day moving average price is $56.40. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a market cap of $40.72 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

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.