JPMorgan Equity Premium Income ETF $JEPI Shares Newly Purchased by Retirement Planning Group LLC

Retirement Planning Group LLC purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, HoldingsChannel reports. The firm purchased 27,498 shares of the company’s stock, valued at approximately $1,546,000.

Several other institutional investors also recently bought and sold shares of JEPI. NBH Bank bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $27,000. Advocate Investing Services LLC purchased a new position in JPMorgan Equity Premium Income ETF in the first quarter worth about $28,000. Olistico Wealth LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter worth about $35,000. Provenance Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth approximately $42,000. Finally, Dynamic Wealth Strategies LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth approximately $51,000.

JPMorgan Equity Premium Income ETF Stock Up 0.5%

NYSEARCA:JEPI opened at $57.36 on Wednesday. The stock has a market cap of $46.00 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The company’s 50 day moving average price is $57.01 and its 200-day moving average price is $56.76. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

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.