Bank of New York Mellon Corp Sells 85,004 Shares of JPMorgan Equity Premium Income ETF $JEPI

Bank of New York Mellon Corp reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,050,260 shares of the company’s stock after selling 85,004 shares during the period. Bank of New York Mellon Corp owned 0.26% of JPMorgan Equity Premium Income ETF worth $116,209,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Rice Partnership LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the last quarter. Providence Capital Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $26,000. FNY Investment Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Advocate Investing Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth about $28,000. Finally, EQ Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $29,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.39 on Tuesday. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The company has a market capitalization of $44.99 billion, a P/E ratio of 23.93 and a beta of 0.54. The company has a 50-day simple moving average of $56.17 and a 200 day simple moving average of $57.26.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.