Avantax Planning Partners Inc. Has $22.41 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Avantax Planning Partners Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 395,348 shares of the company’s stock after acquiring an additional 9,785 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 0.6% of Avantax Planning Partners Inc.’s holdings, making the stock its 27th largest holding. Avantax Planning Partners Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $22,408,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JEPI. Walled Lake Planning & Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock worth $369,000 after purchasing an additional 171 shares during the period. Wealth Effects LLC lifted its position in JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after purchasing an additional 173 shares during the period. WESPAC Advisors SoCal LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 4.3% in the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after purchasing an additional 174 shares during the last quarter. Aspen Wealth Strategies LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after purchasing an additional 174 shares during the last quarter. Finally, Morey & Quinn Wealth Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after buying an additional 175 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.76 on Tuesday. The stock has a market cap of $45.17 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The company has a 50 day moving average of $56.13 and a 200-day moving average of $57.31. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90.

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.