Tempus Wealth Planning LLC Takes $580,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Tempus Wealth Planning LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 10,089 shares of the company’s stock, valued at approximately $580,000.

A number of other large investors have also recently bought and sold shares of JEPI. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $51,202,000. World Investment Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after buying an additional 711,094 shares in the last quarter. Marks Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $29,284,000. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% during the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after buying an additional 416,013 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $58.56 on Tuesday. The company has a 50 day moving average price of $58.83 and a two-hundred day moving average price of $58.62. The stock has a market capitalization of $34.36 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one 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.