Mercer Global Advisors Inc. ADV Sells 9,319 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mercer Global Advisors Inc. ADV lowered its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 395,141 shares of the company’s stock after selling 9,319 shares during the period. Mercer Global Advisors Inc. ADV owned about 0.07% of JPMorgan Equity Premium Income ETF worth $22,429,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Global Assets Advisory LLC raised its position 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 worth $356,724,000 after purchasing an additional 6,061,819 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after buying an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after acquiring an additional 1,032,746 shares during the last quarter. 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 acquiring an additional 815,598 shares during the period. Finally, First Foundation Advisors lifted its stake in shares of JPMorgan Equity Premium Income ETF by 91.9% in the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after acquiring an additional 576,068 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $58.83 on Thursday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.26. The company has a 50 day simple moving average of $57.40 and a two-hundred day simple moving average of $56.94. The company has a market capitalization of $34.52 billion, a PE ratio of 24.40 and a beta of 0.53.

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.