Lebenthal Global Advisors LLC Boosts Holdings in JPMorgan Equity Premium Income ETF $JEPI

Lebenthal Global Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 765,683 shares of the company’s stock after acquiring an additional 16,879 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 6.8% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Lebenthal Global Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $43,828,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $402,000. AQR Capital Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 28.1% in the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at about $847,000. Schnieders Capital Management LLC. bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $3,093,000. Finally, First Trust Advisors LP bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $529,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.59 on Friday. The firm has a market capitalization of $45.19 billion, a PE ratio of 23.93 and a beta of 0.58. The company’s 50-day moving average is $57.79 and its 200-day moving average is $57.62. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.24 and a fifty-two week high of $59.90.

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.