Castle Rock Wealth Management LLC Sells 684 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Castle Rock Wealth Management LLC cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,453 shares of the company’s stock after selling 684 shares during the quarter. Castle Rock Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,783,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. Moneta Group Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $460,136,000. JPMorgan Chase & Co. raised its position in shares of JPMorgan Equity Premium Income ETF by 36.8% during the first quarter. JPMorgan Chase & Co. now owns 26,574,339 shares of the company’s stock valued at $1,450,959,000 after buying an additional 7,144,154 shares during the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan Equity Premium Income ETF by 34.2% during the fourth quarter. Bank of America Corp DE now owns 19,174,676 shares of the company’s stock valued at $1,044,828,000 after buying an additional 4,884,910 shares during the last quarter. Morgan Stanley raised its position in shares of JPMorgan Equity Premium Income ETF by 27.5% during the fourth quarter. Morgan Stanley now owns 21,184,968 shares of the company’s stock valued at $1,154,369,000 after buying an additional 4,567,129 shares during the last quarter. Finally, First Republic Investment Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $181,377,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $55.19 on Friday. The stock has a market cap of $28.59 billion, a P/E ratio of 21.55 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 1 year low of $49.92 and a 1 year high of $56.92. The firm’s 50 day moving average price is $55.30 and its 200-day moving average price is $54.64.

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.