JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Boosted by Summit Wealth & Retirement Planning Inc.

Summit Wealth & Retirement Planning Inc. increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,710 shares of the company’s stock after purchasing an additional 832 shares during the period. Summit Wealth & Retirement Planning Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in JEPI. Mattern Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.2% during the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after purchasing an additional 174 shares during the period. Empirical Asset Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after buying an additional 179 shares during the period. Landmark Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after buying an additional 185 shares in the last quarter. Aviance Capital Partners LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares during the period. Finally, Fortis Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.4 %

JEPI stock opened at $58.79 on Friday. The company has a market capitalization of $34.50 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm’s 50-day moving average is $58.68 and its two-hundred day moving average is $58.66.

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.