JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Ignite Planners LLC

Ignite Planners LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.5% during the fourth quarter, HoldingsChannel reports. The firm owned 61,487 shares of the company’s stock after buying an additional 328 shares during the period. Ignite Planners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,565,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $25,000. Running Point Capital Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the last quarter. Pathway Financial Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $49,000. Finally, Abound Wealth Management boosted its stake in JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after acquiring an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $57.27 on Tuesday. The firm has a market cap of $33.61 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm has a fifty day moving average of $59.13 and a two-hundred day moving average of $58.39. JPMorgan Equity Premium Income ETF has a 1-year low of $54.72 and a 1-year 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.