Retirement Planning Group LLC Buys 7,361 Shares of JPMorgan Equity Premium Income ETF $JEPI

Retirement Planning Group LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,402 shares of the company’s stock after acquiring an additional 7,361 shares during the period. Retirement Planning Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,434,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after acquiring an additional 7,443,750 shares during the last quarter. Royal Bank of Canada raised its stake in shares of JPMorgan Equity Premium Income ETF by 10.5% in the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after acquiring an additional 772,858 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after buying an additional 774,664 shares during the period. Finally, Nationwide Fund Advisors acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $57.52 on Wednesday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The company has a 50 day moving average of $56.88 and a 200-day moving average of $56.15. The stock has a market cap of $41.38 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62.

JPMorgan Equity Premium Income ETF 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.