JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Raised by PDS Planning Inc

PDS Planning Inc increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,150 shares of the company’s stock after purchasing an additional 330 shares during the period. PDS Planning Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $1,562,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPI. Bank of Jackson Hole Trust bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $28,000. Duncker Streett & Co. Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $28,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Creative Capital Management Investments LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $32,000. Finally, Running Point Capital Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $57.46 on Tuesday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The stock has a market cap of $39.28 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. The stock’s 50 day moving average price is $58.50 and its 200 day moving average price is $58.93.

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.