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

Planning Directions Inc. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 40,412 shares of the company’s stock after acquiring an additional 4,011 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.4% of Planning Directions Inc.’s investment portfolio, making the stock its 15th largest 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 hedge funds and other institutional investors have also recently made changes to their positions in JEPI. Cetera Investment Advisers raised its stake in shares of JPMorgan Equity Premium Income ETF by 406.2% in the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after acquiring an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC grew its position in JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after acquiring an additional 1,032,746 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $31,505,000. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after purchasing an additional 539,682 shares in the last quarter. Finally, CWM LLC increased its stake in JPMorgan Equity Premium Income ETF by 44.3% during the 2nd quarter. CWM LLC now owns 1,739,888 shares of the company’s stock worth $98,617,000 after buying an additional 534,547 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.9 %

Shares of JEPI stock opened at $59.27 on Monday. The stock has a market capitalization of $34.78 billion, a PE ratio of 24.40 and a beta of 0.53. The firm has a 50 day moving average of $59.23 and a two-hundred day moving average of $57.71. JPMorgan Equity Premium Income ETF has a 52 week low of $54.17 and a 52 week 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.