JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Capital Planning LLC

Capital Planning LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.3% in the fourth quarter, HoldingsChannel reports. The firm owned 9,720 shares of the company’s stock after buying an additional 1,360 shares during the period. Capital Planning LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. JPMorgan Chase & Co. lifted its position in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Eaton Financial Holdings Company LLC acquired a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at $51,202,000. World Investment Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $31,505,000. Finally, Marks Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $29,284,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.25 on Friday. The firm has a 50-day simple moving average of $59.05 and a two-hundred day simple moving average of $58.39. The company has a market cap of $34.18 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.72 and a fifty-two 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.