Ignite Planners LLC Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ignite Planners LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,487 shares of the company’s stock after acquiring an additional 328 shares during the quarter. Ignite Planners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,565,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $25,000. Running Point Capital Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the period. Brown Lisle Cummings Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the period. Pathway Financial Advisers LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth $49,000. Finally, Abound Wealth Management boosted its holdings in JPMorgan Equity Premium Income ETF by 1,320.8% in the fourth 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 Trading Up 0.4 %

JEPI stock opened at $57.27 on Tuesday. The stock has a 50-day moving average price of $59.13 and a two-hundred day moving average price of $58.39. The company has a market cap of $33.61 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.72 and a 12-month 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.