Spirepoint Private Client LLC Buys Shares of 96,984 JPMorgan Equity Premium Income ETF $JEPI
by Jessica Moore · The Cerbat GemSpirepoint Private Client LLC acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 96,984 shares of the company’s stock, valued at approximately $5,538,000.
A number of other hedge funds have also recently bought and sold shares of JEPI. Clarity Asset Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. GHP Investment Advisors Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Bartlett & CO. Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the second quarter worth $25,000. Asset Dedication LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $28,000. Finally, Pin Oak Investment Advisors Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 73.6% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 212 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 0.3%
NYSEARCA JEPI opened at $57.47 on Tuesday. The stock has a market cap of $41.62 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.73. The company’s 50-day simple moving average is $57.19 and its 200 day simple moving average is $56.94.
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. 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).