Marcum Wealth LLC Lowers Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

by · The Markets Daily

Marcum Wealth LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 7.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,070 shares of the company’s stock after selling 1,004 shares during the period. Marcum Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $718,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after buying an additional 815,598 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in JPMorgan Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after acquiring an additional 539,682 shares in the last quarter. Global Assets Advisory LLC boosted its stake in JPMorgan Equity Premium Income ETF by 5,858.1% during the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock valued at $356,724,000 after purchasing an additional 6,061,819 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% in the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after purchasing an additional 52,301 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 14.6% in the second quarter. Commonwealth Equity Services LLC now owns 3,379,837 shares of the company’s stock worth $191,569,000 after purchasing an additional 430,134 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.14 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $59.58. The business’s fifty day moving average is $58.16 and its 200 day moving average is $57.18. The stock has a market capitalization of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Profile

(Free Report)

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.

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