JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Beckerman Institutional LLC

Beckerman Institutional LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.7% during the second quarter, Holdings Channel.com reports. The fund owned 19,984 shares of the company’s stock after selling 1,916 shares during the quarter. Beckerman Institutional LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,136,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JEPI. Brighton Jones LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $402,000. Bank of New York Mellon Corp grew its stake in JPMorgan Equity Premium Income ETF by 4.8% in the 1st quarter. Bank of New York Mellon Corp now owns 586,093 shares of the company’s stock valued at $33,489,000 after acquiring an additional 26,611 shares during the period. Envestnet Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 11.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after acquiring an additional 774,664 shares during the period. Crossmark Global Holdings Inc. grew its stake in JPMorgan Equity Premium Income ETF by 46.2% in the 1st quarter. Crossmark Global Holdings Inc. now owns 11,878 shares of the company’s stock valued at $679,000 after acquiring an additional 3,755 shares during the period. Finally, Brown Advisory Inc. grew its stake in JPMorgan Equity Premium Income ETF by 2.2% in the 1st quarter. Brown Advisory Inc. now owns 30,345 shares of the company’s stock valued at $1,734,000 after acquiring an additional 656 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.39 on Wednesday. The company’s fifty day moving average price is $56.91 and its 200 day moving average price is $56.44. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The stock has a market capitalization of $40.37 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.