Kovitz Investment Group Partners LLC Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Kovitz Investment Group Partners LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2,380.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 134,414 shares of the company’s stock after buying an additional 128,996 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,947,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $25,000. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $28,000. Running Point Capital Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares in the last quarter. Centerpoint Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $43,000. Finally, Brown Lisle Cummings Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.91 on Friday. The firm’s 50 day moving average is $59.61 and its two-hundred day moving average is $58.05. JPMorgan Equity Premium Income ETF has a 52 week low of $54.27 and a 52 week high of $60.88. The firm has a market capitalization of $35.16 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.