Intrepid Financial Planning Group LLC Grows Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Intrepid Financial Planning Group LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 26.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,361 shares of the company’s stock after buying an additional 7,932 shares during the period. JPMorgan Equity Premium Income ETF makes up 0.9% of Intrepid Financial Planning Group LLC’s portfolio, making the stock its 25th biggest position. Intrepid Financial Planning Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of JEPI. Global Assets Advisory LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 5,858.1% during the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after acquiring an additional 6,061,819 shares during the last quarter. Cetera Investment Advisers grew its stake in JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in JPMorgan Equity Premium Income ETF by 6,254.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after purchasing an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares in the last quarter. Finally, First Foundation Advisors boosted its stake in shares of JPMorgan Equity Premium Income ETF by 91.9% during the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after buying an additional 576,068 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

Shares of NYSEARCA:JEPI opened at $58.83 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.26. The firm has a market cap of $34.52 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a fifty day simple moving average of $57.40 and a 200 day simple moving average of $56.94.

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.