Retirement Guys Formula LLC Raises Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Retirement Guys Formula LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 180,234 shares of the company’s stock after purchasing an additional 14,859 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 5.2% of Retirement Guys Formula LLC’s investment portfolio, making the stock its 3rd biggest position. Retirement Guys Formula LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,369,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. AQR Capital Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $295,000. Alpha Financial Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 45.5% during the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock worth $3,550,000 after acquiring an additional 18,662 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth approximately $229,000. Empirical Asset Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after acquiring an additional 179 shares during the last quarter. Finally, Creative Planning increased its stake in JPMorgan Equity Premium Income ETF by 44.6% during the third quarter. Creative Planning now owns 139,002 shares of the company’s stock worth $8,272,000 after acquiring an additional 42,854 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.20 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The business’s 50 day moving average is $58.63 and its two-hundred day moving average is $58.71. The stock has a market capitalization of $34.74 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.