Penbrook Management LLC Sells 825 Shares of JPMorgan Equity Premium Income ETF $JEPI

Penbrook Management LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,325 shares of the company’s stock after selling 825 shares during the quarter. Penbrook Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $246,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after acquiring an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after acquiring an additional 7,443,750 shares in the last quarter. Nationwide Fund Advisors bought a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $396,998,000. Raymond James Financial Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 14.9% during the first quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock valued at $367,730,000 after acquiring an additional 833,285 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 18.9% during the first quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock valued at $280,174,000 after acquiring an additional 778,433 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 1.0%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.55 on Tuesday. The company has a market cap of $40.92 billion, a PE ratio of 23.93 and a beta of 0.62. The business has a 50 day moving average of $56.77 and a 200 day moving average of $56.10. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88.

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.