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

Tranquility Partners LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 quarter.

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

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock traded down $0.21 on Wednesday, reaching $55.49. 3,014,506 shares of the company were exchanged, compared to its average volume of 3,616,400. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The stock’s fifty day moving average price is $56.85 and its 200 day moving average price is $55.27. The firm has a market capitalization of $32.51 billion, a PE ratio of 24.51 and a beta of 0.54.

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.