32,973 Shares in JPMorgan Equity Premium Income ETF $JEPI Acquired by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 32,973 shares of the company’s stock, valued at approximately $1,854,000.

A number of other institutional investors have also recently added to or reduced their stakes in JEPI. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock valued at $638,942,000 after purchasing an additional 146,792 shares during the period. Royal Bank of Canada lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.7% in the first quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock valued at $474,201,000 after buying an additional 449,485 shares during the period. Cetera Investment Advisers lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 10.0% in the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after buying an additional 553,011 shares during the period. Commonwealth Equity Services LLC bought a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at about $197,781,000. Finally, Confluence Wealth Services Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 20.5% during the third quarter. Confluence Wealth Services Inc. now owns 3,397,321 shares of the company’s stock valued at $190,997,000 after buying an additional 577,791 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.3%

NYSEARCA:JEPI opened at $58.04 on Friday. The business’s 50-day moving average price is $56.89 and its 200 day moving average price is $57.14. The firm has a market cap of $47.13 billion, a P/E ratio of 24.48 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

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.