JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Planning Directions Inc.

Planning Directions Inc. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,412 shares of the company’s stock after acquiring an additional 4,011 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.4% of Planning Directions Inc.’s holdings, making the stock its 15th biggest position. Planning Directions Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,405,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter worth $25,000. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $28,000. Beaird Harris Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $38,000. Centerpoint Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $43,000. Finally, Brown Lisle Cummings Inc. raised its position in JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after acquiring an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.27 on Monday. The stock’s 50 day moving average price is $59.23 and its 200 day moving average price is $57.71. The firm has a market cap of $34.78 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.17 and a 1 year high of $60.20.

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.