Summit Wealth & Retirement Planning Inc. Increases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Summit Wealth & Retirement Planning Inc. grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,710 shares of the company’s stock after buying an additional 832 shares during the quarter. Summit Wealth & Retirement Planning Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $271,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Investment Advisory Services Inc. TX ADV boosted its holdings in JPMorgan Equity Premium Income ETF by 9.2% during the fourth quarter. Investment Advisory Services Inc. TX ADV now owns 273,992 shares of the company’s stock worth $15,763,000 after buying an additional 23,136 shares in the last quarter. AlphaStar Capital Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 201.3% during the 4th quarter. AlphaStar Capital Management LLC now owns 17,702 shares of the company’s stock valued at $1,018,000 after acquiring an additional 11,826 shares in the last quarter. Seelaus Asset Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $213,000. Windsor Capital Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $435,000. Finally, Kingsview Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 11.8% during the fourth quarter. Kingsview Wealth Management LLC now owns 217,996 shares of the company’s stock valued at $12,541,000 after buying an additional 23,020 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $58.79 on Friday. The stock has a market capitalization of $34.50 billion, a PE ratio of 24.40 and a beta of 0.53. The company’s 50 day simple moving average is $58.68 and its 200 day simple moving average is $58.66. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

JPMorgan Equity Premium Income ETF 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.