Comerica Bank Sells 8,068 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Comerica Bank cut its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 333,028 shares of the company’s stock after selling 8,068 shares during the period. Comerica Bank owned 0.06% of JPMorgan Equity Premium Income ETF worth $19,159,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Ulland Investment Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $31,000. Creative Capital Management Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000. Finally, Crowley Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Trading Down 0.9 %

NYSEARCA JEPI opened at $55.10 on Friday. The business has a fifty day simple moving average of $55.93 and a 200 day simple moving average of $58.01. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The firm has a market capitalization of $38.14 billion, a P/E ratio of 23.72 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.