19,714 Shares in JPMorgan Equity Premium Income ETF $JEPI Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 19,714 shares of the company’s stock, valued at approximately $1,116,000.

A number of other institutional investors have also recently added to or reduced their stakes in JEPI. Legacy Private Trust Co. acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $2,602,000. Private Client Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $3,694,000. Studio Investment Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 194.0% in the second quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after buying an additional 35,668 shares during the period. Tucker Asset Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 42.1% in the second quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock valued at $1,921,000 after buying an additional 10,075 shares during the period. Finally, Nottingham Advisors Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 21.6% during the first quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock worth $46,301,000 after acquiring an additional 144,966 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI traded down $0.06 during mid-day trading on Wednesday, reaching $56.87. 4,548,780 shares of the company were exchanged, compared to its average volume of 5,138,566. The business has a 50 day simple moving average of $57.06 and a two-hundred day simple moving average of $56.72. The stock has a market capitalization of $45.68 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

About JPMorgan Equity Premium Income ETF

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.