Global Assets Advisory LLC Has $7.23 Million Position in JPMorgan Equity Premium Income ETF $JEPI

Global Assets Advisory LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 126,667 shares of the company’s stock after acquiring an additional 15,118 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 2.2% of Global Assets Advisory LLC’s holdings, making the stock its 5th largest holding. Global Assets Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,233,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of JEPI. Bartlett & CO. Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $25,000. GHP Investment Advisors Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. Clarity Asset Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter worth about $25,000. Pin Oak Investment Advisors Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 73.6% during the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the period. Finally, Asset Dedication LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $28,000.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

JEPI stock opened at $58.38 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.73. The business’s 50 day moving average is $57.60 and its 200-day moving average is $57.09. The firm has a market cap of $42.75 billion, a P/E ratio of 23.93 and a beta of 0.60.

JPMorgan Equity Premium Income ETF 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.