Retirement Planning Group LLC NY Has $9.81 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Retirement Planning Group LLC NY boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.5% in the second quarter, HoldingsChannel reports. The firm owned 172,465 shares of the company’s stock after acquiring an additional 26,876 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 8.6% of Retirement Planning Group LLC NY’s holdings, making the stock its 2nd largest holding. Retirement Planning Group LLC NY’s holdings in JPMorgan Equity Premium Income ETF were worth $9,805,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in JEPI. Kingstone Capital Partners Texas LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after acquiring an additional 401,771,477 shares during the period. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 35.9% during 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 during the period. Royal Bank of Canada grew its position in shares of JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after acquiring an additional 772,858 shares during the period. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after acquiring an additional 774,664 shares during the period. Finally, Nationwide Fund Advisors bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $56.00 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The firm has a fifty day moving average price of $56.77 and a 200-day moving average price of $56.11. The company has a market cap of $40.53 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62.

JPMorgan Equity Premium Income ETF Company 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.