Global Assets Advisory LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Global Assets Advisory LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 28.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 169,135 shares of the company’s stock after buying an additional 37,649 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 2.3% of Global Assets Advisory LLC’s holdings, making the stock its 8th biggest position. Global Assets Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,587,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Crewe Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 32.9% during the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after purchasing an additional 9,514 shares during the period. Capital Investment Advisory Services LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after buying an additional 55,610 shares during the last quarter. Cyndeo Wealth Partners LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after buying an additional 12,790 shares during the period. Apella Capital LLC grew its stake in JPMorgan Equity Premium Income ETF by 2.8% in the 4th quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after buying an additional 9,499 shares during the last quarter. Finally, Leo Wealth LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $757,000.

JPMorgan Equity Premium Income ETF Trading Up 0.2%

Shares of NYSEARCA:JEPI traded up $0.13 during trading on Friday, reaching $56.76. 3,315,346 shares of the stock were exchanged, compared to its average volume of 5,517,202. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a 50-day moving average price of $56.15 and a 200-day moving average price of $57.32. The firm has a market cap of $45.17 billion, a PE ratio of 23.93 and a beta of 0.54.

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.