Lee Johnson Capital Management LLC Purchases Shares of 256,798 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lee Johnson Capital Management LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 256,798 shares of the company’s stock, valued at approximately $15,282,000. JPMorgan Equity Premium Income ETF accounts for about 7.9% of Lee Johnson Capital Management LLC’s investment portfolio, making the stock its 3rd biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Assets Advisory LLC raised its position in JPMorgan Equity Premium Income ETF by 5,858.1% during the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after acquiring an additional 6,061,819 shares during the last quarter. Cetera Investment Advisers raised its position in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC lifted its position in JPMorgan Equity Premium Income ETF by 6,254.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after acquiring an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares during the period. Finally, First Foundation Advisors boosted its position in JPMorgan Equity Premium Income ETF by 91.9% in the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after buying an additional 576,068 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.06 on Friday, hitting $59.90. 2,356,511 shares of the company’s stock traded hands, compared to its average volume of 3,146,272. The firm’s 50-day moving average is $58.63 and its 200 day moving average is $57.27. The stock has a market cap of $35.15 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $59.97.

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.