JPMorgan Equity Premium Income ETF $JEPI is Retirement Planning Group LLC NY’s Largest Position

Retirement Planning Group LLC NY raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 230,243 shares of the company’s stock after purchasing an additional 33,160 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 9.1% of Retirement Planning Group LLC NY’s holdings, making the stock its biggest position. Retirement Planning Group LLC NY’s holdings in JPMorgan Equity Premium Income ETF were worth $13,277,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Mission Hills Financial Advisory LLC grew its stake in JPMorgan Equity Premium Income ETF by 7.1% during the fourth quarter. Mission Hills Financial Advisory LLC now owns 6,510 shares of the company’s stock valued at $373,000 after acquiring an additional 431 shares in the last quarter. EQ Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $29,000. Pegasus Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 10.2% during the fourth quarter. Pegasus Asset Management Inc. now owns 12,310 shares of the company’s stock valued at $705,000 after acquiring an additional 1,138 shares in the last quarter. SNS Financial Group LLC grew its stake in JPMorgan Equity Premium Income ETF by 13.4% during the fourth quarter. SNS Financial Group LLC now owns 20,150 shares of the company’s stock valued at $1,162,000 after acquiring an additional 2,377 shares in the last quarter. Finally, Reicon Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $359,000.

JPMorgan Equity Premium Income ETF Trading Down 1.3%

Shares of NYSEARCA:JEPI opened at $56.82 on Friday. The company has a 50 day moving average of $57.58 and a 200 day moving average of $57.64. The stock has a market cap of $45.02 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 12 month low of $55.15 and a 12 month 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.