Global Assets Advisory LLC Buys 8,854 Shares of JPMorgan Equity Premium Income ETF $JEPI

Global Assets Advisory LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 5.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 183,969 shares of the company’s stock after buying an additional 8,854 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 2.3% of Global Assets Advisory LLC’s holdings, making the stock its 3rd largest position. Global Assets Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,357,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. NBH Bank acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $27,000. Financial Management Professionals Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $30,000. Olistico Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $35,000. William Mack & Associates Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $37,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $51,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $57.56 on Friday. The company has a market capitalization of $46.19 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The business has a 50 day moving average price of $56.94 and a two-hundred day moving average price of $57.18.

JPMorgan Equity Premium Income ETF Profile

(Free Report)

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.

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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).