Concourse Financial Group Securities Inc. Sells 1,091 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Concourse Financial Group Securities Inc. reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,295 shares of the company’s stock after selling 1,091 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $647,943,000. Morgan Stanley grew its holdings in JPMorgan Equity Premium Income ETF by 12.1% during the 3rd quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after buying an additional 3,531,562 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 41.5% during 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 in the last quarter. Bank of New York Mellon Corp increased its position in shares of JPMorgan Equity Premium Income ETF by 1,421.3% during the third 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 period. Finally, UBS Group AG lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 21.5% in the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock worth $310,410,000 after buying an additional 1,024,956 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of JEPI stock traded up $0.25 during trading hours on Thursday, reaching $57.01. The stock had a trading volume of 2,662,961 shares, compared to its average volume of 3,506,555. The stock’s fifty day simple moving average is $56.75 and its 200 day simple moving average is $55.56. The firm has a market capitalization of $33.46 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month 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.