WealthPlan Investment Management LLC Raises Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

WealthPlan Investment Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% during the third quarter, HoldingsChannel reports. The firm owned 18,462 shares of the company’s stock after buying an additional 357 shares during the period. WealthPlan Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $25,000. HHM Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $28,000. Beaird Harris Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at $38,000. Centerpoint Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter worth about $43,000. Finally, Brown Lisle Cummings Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.1 %

Shares of JEPI opened at $60.07 on Tuesday. JPMorgan Equity Premium Income ETF has a twelve month low of $53.67 and a twelve month high of $60.20. The company has a market cap of $35.25 billion, a P/E ratio of 24.40 and a beta of 0.53. The company’s fifty day simple moving average is $59.09 and its 200-day simple moving average is $57.61.

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.