Intrepid Financial Planning Group LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 10.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,076 shares of the company’s stock after purchasing an additional 12,442 shares during the period. JPMorgan Equity Premium Income ETF makes up 3.2% of Intrepid Financial Planning Group LLC’s investment portfolio, making the stock its 7th biggest holding. Intrepid Financial Planning Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,622,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after buying an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after purchasing an additional 7,443,750 shares during the last quarter. Nationwide Fund Advisors bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $396,998,000. Envestnet Asset Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 17.4% during the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after purchasing an additional 1,327,996 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of JPMorgan Equity Premium Income ETF by 191.5% in the second quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock valued at $97,120,000 after purchasing an additional 1,122,256 shares during the period.
JPMorgan Equity Premium Income ETF Trading Down 0.2%
NYSEARCA JEPI opened at $56.29 on Wednesday. The company has a market cap of $40.29 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The company has a fifty day simple moving average of $56.86 and a 200 day simple moving average of $56.58.
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.
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