JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Boosted by Intrepid Financial Planning Group LLC

Intrepid Financial Planning Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 140.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 116,018 shares of the company’s stock after buying an additional 67,781 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 2.8% of Intrepid Financial Planning Group LLC’s portfolio, making the stock its 9th largest holding. Intrepid Financial Planning Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,675,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. raised its stake in JPMorgan Equity Premium Income ETF by 33.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 225,877 shares of the company’s stock worth $12,995,000 after purchasing an additional 57,172 shares during the period. Frank Rimerman Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $582,000. Montis Financial LLC raised its stake in JPMorgan Equity Premium Income ETF by 7.9% during the fourth quarter. Montis Financial LLC now owns 101,284 shares of the company’s stock worth $5,827,000 after purchasing an additional 7,414 shares during the period. J. L. Bainbridge & Co. Inc. raised its stake in JPMorgan Equity Premium Income ETF by 24.9% during the fourth quarter. J. L. Bainbridge & Co. Inc. now owns 5,318 shares of the company’s stock worth $306,000 after purchasing an additional 1,061 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 21.5% during the fourth quarter. Kestra Advisory Services LLC now owns 1,321,467 shares of the company’s stock worth $76,024,000 after purchasing an additional 233,502 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 1.4 %

NYSEARCA:JEPI opened at $56.96 on Friday. The company has a market cap of $38.94 billion, a P/E ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm’s 50 day moving average is $58.51 and its two-hundred day moving average is $58.93.

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.