JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Boosted by Retirement Guys Formula LLC

Retirement Guys Formula LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 180,234 shares of the company’s stock after purchasing an additional 14,859 shares during the period. JPMorgan Equity Premium Income ETF comprises about 5.2% of Retirement Guys Formula LLC’s investment portfolio, making the stock its 3rd biggest position. Retirement Guys Formula LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,369,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Salomon & Ludwin LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at about $25,000. Ulland Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $31,000. 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 valued at $38,000 after acquiring an additional 362 shares during the period. Missouri Trust & Investment Co raised its holdings in JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after acquiring an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. raised its holdings 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 valued at $47,000 after acquiring an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

NYSEARCA:JEPI opened at $59.20 on Wednesday. The business’s 50-day simple moving average is $58.63 and its two-hundred day simple moving average is $58.71. The stock has a market cap of $34.74 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88.

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.