Tranquility Partners LLC Has $954,000 Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Tranquility Partners LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,347 shares of the company’s stock after selling 834 shares during the quarter. Tranquility Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $954,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of JEPI. International Assets Investment Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $647,943,000. Moneta Group Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $460,136,000. Morgan Stanley raised its position in JPMorgan Equity Premium Income ETF by 27.5% in the 4th quarter. Morgan Stanley now owns 21,184,968 shares of the company’s stock valued at $1,154,369,000 after buying an additional 4,567,129 shares during the last quarter. Envestnet Asset Management Inc. raised its position in JPMorgan Equity Premium Income ETF by 41.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock valued at $295,715,000 after buying an additional 1,618,295 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in JPMorgan Equity Premium Income ETF by 1,421.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,536,371 shares of the company’s stock valued at $82,288,000 after buying an additional 1,435,379 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

NYSEARCA JEPI traded down $0.21 on Wednesday, reaching $55.49. The company had a trading volume of 3,014,506 shares, compared to its average volume of 3,616,400. The stock has a market capitalization of $32.51 billion, a P/E ratio of 24.51 and a beta of 0.54. The company’s fifty day moving average is $56.85 and its 200 day moving average is $55.27. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94.

JPMorgan Equity Premium Income ETF 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.