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

Comerica Bank reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.4% in the fourth quarter, Holdings Channel reports. The fund owned 333,028 shares of the company’s stock after selling 8,068 shares during the quarter. Comerica Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $19,159,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of JEPI. Bank of Jackson Hole Trust bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Duncker Streett & Co. Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $28,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Creative Capital Management Investments LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $32,000. Finally, Crowley Wealth Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $55.10 on Friday. The company has a market cap of $38.14 billion, a P/E ratio of 23.72 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The stock’s fifty day moving average price is $55.93 and its two-hundred day moving average price is $58.01.

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.