Retirement Planning Group LLC Acquires 18,572 Shares of 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 filing with the SEC. The institutional investor owned 78,974 shares of the company’s stock after purchasing an additional 18,572 shares during the quarter. Retirement Planning Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,509,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of JEPI. Scott Capital Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 124.4% during the 3rd quarter. Scott Capital Advisors LLC now owns 123,643 shares of the company’s stock worth $7,037,000 after acquiring an additional 68,548 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of JPMorgan Equity Premium Income ETF by 7.6% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 214,637 shares of the company’s stock valued at $12,256,000 after purchasing an additional 15,186 shares during the last quarter. Cambridge Advisors Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 8.8% in the third quarter. Cambridge Advisors Inc. now owns 187,501 shares of the company’s stock worth $10,706,000 after purchasing an additional 15,195 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 20.0% during the second quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock worth $16,249,000 after purchasing an additional 47,712 shares during the last quarter. Finally, Cooper Financial Group boosted its holdings in JPMorgan Equity Premium Income ETF by 3.9% during the third quarter. Cooper Financial Group now owns 423,502 shares of the company’s stock worth $24,182,000 after purchasing an additional 15,888 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

Shares of JEPI stock opened at $58.25 on Wednesday. The firm’s fifty day moving average price is $57.35 and its two-hundred day moving average price is $57.01. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73. The firm has a market capitalization of $42.50 billion, a P/E ratio of 23.93 and a beta of 0.60.

About JPMorgan Equity Premium Income ETF

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.