Divergent Planning LLC Buys New Holdings in JPMorgan Equity Premium Income ETF $JEPI

Divergent Planning LLC purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 148,752 shares of the company’s stock, valued at approximately $8,457,000. JPMorgan Equity Premium Income ETF accounts for approximately 1.5% of Divergent Planning LLC’s holdings, making the stock its 16th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC increased 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 period. JPMorgan Chase & Co. boosted its holdings in 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 valued at $1,609,887,000 after purchasing an additional 7,443,750 shares during the last quarter. Nationwide Fund Advisors acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $396,998,000. Raymond James Financial Inc. grew its position in JPMorgan Equity Premium Income ETF by 14.9% during the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after purchasing an additional 833,285 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 18.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock valued at $280,174,000 after buying an additional 778,433 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.5%

Shares of JEPI stock opened at $57.17 on Tuesday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The stock has a market cap of $41.24 billion, a PE ratio of 23.93 and a beta of 0.62. The business has a 50-day simple moving average of $56.86 and a 200-day simple moving average of $56.14.

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.