Decker Retirement Planning Inc. Boosts Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Decker Retirement Planning Inc. increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 193,043 shares of the company’s stock after buying an additional 51,529 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 3.7% of Decker Retirement Planning Inc.’s holdings, making the stock its 5th largest holding. Decker Retirement Planning Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,903,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in JEPI. Rice Partnership LLC lifted its stake in JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares during the period. Providence Capital Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $26,000. Advocate Investing Services LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $28,000. EQ Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $29,000. Finally, Monetary Solutions Ltd bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $30,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $57.92 on Friday. The company has a 50 day moving average price of $56.64 and a 200-day moving average price of $57.17. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The stock has a market capitalization of $46.20 billion, a PE ratio of 23.93 and a beta of 0.53.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.