Park Place Capital Corp Takes $392,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Park Place Capital Corp purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,584 shares of the company’s stock, valued at approximately $392,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. HHM Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $28,000. Larson Financial Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares in the last quarter. Burkett Financial Services LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $35,000. Morris Financial Concepts Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after purchasing an additional 331 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $38,000.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPI stock opened at $58.99 on Wednesday. The company’s fifty day simple moving average is $58.09 and its 200-day simple moving average is $57.15. The firm has a market cap of $34.61 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.58.

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.