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

Retirement Planning Group LLC NY grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 230,243 shares of the company’s stock after buying an additional 33,160 shares during the period. JPMorgan Equity Premium Income ETF makes up about 9.1% of Retirement Planning Group LLC NY’s holdings, making the stock its biggest holding. Retirement Planning Group LLC NY’s holdings in JPMorgan Equity Premium Income ETF were worth $13,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE grew its stake in JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock worth $538,622,000 after buying an additional 493,639 shares in the last quarter. Raymond James Financial Inc. grew its stake in JPMorgan Equity Premium Income ETF by 2.8% in the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after buying an additional 201,202 shares in the last quarter. Nationwide Fund Advisors grew its stake in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after buying an additional 51,190 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in JPMorgan Equity Premium Income ETF by 5.0% in the 2nd quarter. MML Investors Services LLC now owns 3,357,833 shares of the company’s stock worth $190,893,000 after buying an additional 158,645 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.82 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The stock has a market cap of $45.02 billion, a PE ratio of 23.93 and a beta of 0.56. The firm has a 50 day simple moving average of $57.58 and a two-hundred day simple moving average of $57.64.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.