530,459 Shares of JPMorgan Equity Premium Income ETF $JEPI Bought by Lido Advisors LLC

Lido Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 530,459 shares of the company’s stock, valued at approximately $29,822,000. Lido Advisors LLC owned about 0.07% of JPMorgan Equity Premium Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. TopTier Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.4% during the 3rd quarter. TopTier Wealth Management LLC now owns 12,665 shares of the company’s stock worth $712,000 after purchasing an additional 175 shares in the last quarter. Lineweaver Wealth Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.6% in the third quarter. Lineweaver Wealth Advisors LLC now owns 11,301 shares of the company’s stock valued at $635,000 after buying an additional 177 shares in the last quarter. Private Capital Advisors Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Private Capital Advisors Inc. now owns 9,292 shares of the company’s stock valued at $522,000 after buying an additional 200 shares in the last quarter. Studio Investment Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.4% in the third quarter. Studio Investment Management LLC now owns 54,263 shares of the company’s stock valued at $3,051,000 after buying an additional 213 shares in the last quarter. Finally, Cornerstone Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.6% in the third quarter. Cornerstone Wealth Management LLC now owns 8,793 shares of the company’s stock valued at $494,000 after acquiring an additional 224 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $57.66 on Wednesday. The company has a fifty day moving average price of $56.85 and a two-hundred day moving average price of $57.15. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The stock has a market cap of $46.24 billion, a P/E ratio of 23.93 and a beta of 0.52.

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.