Bank of New York Mellon Corp Lowers Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bank of New York Mellon Corp decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 559,482 shares of the company’s stock after selling 9,756 shares during the period. Bank of New York Mellon Corp owned about 0.10% of JPMorgan Equity Premium Income ETF worth $32,187,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in shares of 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 acquiring an additional 3,536,406 shares during the period. HighTower Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares in the last quarter. MML Investors Services LLC lifted its position in JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after purchasing an additional 376,400 shares in the last quarter. Stifel Financial Corp lifted its position in shares of JPMorgan Equity Premium Income ETF by 7.0% in the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after acquiring an additional 136,138 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 28.0% in the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after acquiring an additional 416,013 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.20 on Friday. The stock’s 50-day simple moving average is $58.60 and its 200-day simple moving average is $58.98. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The company has a market capitalization of $38.91 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

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.