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

Retirement Planning Group LLC NY lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,288 shares of the company’s stock after buying an additional 14,045 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 8.9% of Retirement Planning Group LLC NY’s investment portfolio, making the stock its largest position. Retirement Planning Group LLC NY’s holdings in JPMorgan Equity Premium Income ETF were worth $13,846,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JEPI. Rice Partnership LLC increased its holdings in JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares in the last quarter. Providence Capital Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $26,000. FNY Investment Advisers LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $28,000. EQ Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $29,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $30,000.

JPMorgan Equity Premium Income ETF Stock Up 0.2%

Shares of NYSEARCA JEPI opened at $56.16 on Friday. The firm has a market cap of $44.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The company’s 50-day simple moving average is $56.31 and its 200-day simple moving average is $57.38. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

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.