Midwest Professional Planners LTD. Raises Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Midwest Professional Planners LTD. raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,899 shares of the company’s stock after acquiring an additional 4,390 shares during the period. Midwest Professional Planners LTD.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,416,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC grew its stake 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 valued at $22,736,908,000 after buying an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. grew its position 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 valued at $1,609,887,000 after acquiring an additional 7,443,750 shares in the last quarter. Nationwide Fund Advisors purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $396,998,000. Envestnet Asset Management Inc. lifted its position in shares of 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 worth $508,201,000 after purchasing an additional 1,327,996 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake 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 Stock Down 0.2%

Shares of JEPI opened at $56.74 on Monday. The company has a market cap of $40.61 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The firm’s 50 day moving average price is $56.88 and its 200 day moving average price is $56.56.

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.