Sterling Investment Counsel LLC Has $10.56 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sterling Investment Counsel LLC reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 47.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 183,554 shares of the company’s stock after selling 167,214 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 7.0% of Sterling Investment Counsel LLC’s investment portfolio, making the stock its 3rd largest holding. Sterling Investment Counsel LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,560,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Bank of Montreal Can raised its holdings in shares of JPMorgan Equity Premium Income ETF by 8.8% in the 2nd quarter. Bank of Montreal Can now owns 41,865 shares of the company’s stock worth $2,382,000 after purchasing an additional 3,374 shares in the last quarter. AQR Capital Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter worth approximately $295,000. Creative Planning increased its holdings in shares of JPMorgan Equity Premium Income ETF by 7.5% in the second quarter. Creative Planning now owns 96,148 shares of the company’s stock valued at $5,450,000 after buying an additional 6,687 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 7.6% during the second quarter. NewEdge Advisors LLC now owns 229,664 shares of the company’s stock worth $13,017,000 after purchasing an additional 16,229 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 15.0% during the 2nd quarter. Sunbelt Securities Inc. now owns 32,929 shares of the company’s stock worth $1,866,000 after buying an additional 4,302 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $59.29 on Tuesday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The company has a market cap of $34.79 billion, a PE ratio of 24.40 and a beta of 0.53. The firm has a 50 day simple moving average of $58.92 and a 200 day simple moving average of $58.55.

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.