JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 748,804 shares of the company’s stock after buying an additional 12,347 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 7.5% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its largest position. Lebenthal Global Advisors LLC owned approximately 0.10% of JPMorgan Equity Premium Income ETF worth $42,757,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. Clarity Asset Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at $25,000. GHP Investment Advisors Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Bartlett & CO. Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $25,000. Asset Dedication LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $28,000. Finally, Pin Oak Investment Advisors Inc. grew its position in shares of 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 buying an additional 212 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.0%

Shares of NYSEARCA:JEPI opened at $58.56 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73. The firm’s 50 day moving average price is $57.82 and its 200 day moving average price is $57.16. The stock has a market cap of $43.01 billion, a price-to-earnings 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.