Retirement Planning Group LLC Has $4.51 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Retirement Planning Group LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,974 shares of the company’s stock after buying an additional 18,572 shares during the period. Retirement Planning Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,509,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Clarity Asset Management Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. GHP Investment Advisors Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $25,000. Asset Dedication LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $28,000. Finally, Pin Oak Investment Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 73.6% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock worth $28,000 after acquiring an additional 212 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $58.25 on Wednesday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73. The stock has a market cap of $42.50 billion, a P/E ratio of 23.93 and a beta of 0.60. The firm has a 50 day moving average price of $57.35 and a 200 day moving average price of $57.01.

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.