Avantax Planning Partners Inc. Has $19.79 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Avantax Planning Partners Inc. raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 344,053 shares of the company’s stock after acquiring an additional 6,334 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 0.7% of Avantax Planning Partners Inc.’s holdings, making the stock its 25th largest holding. Avantax Planning Partners Inc. owned 0.06% of JPMorgan Equity Premium Income ETF worth $19,793,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Assetmark Inc. lifted its position in JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. Assetmark Inc. now owns 69,248 shares of the company’s stock worth $4,121,000 after purchasing an additional 1,637 shares during the period. XML Financial LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 15.3% during the 3rd quarter. XML Financial LLC now owns 5,475 shares of the company’s stock worth $326,000 after acquiring an additional 725 shares during the period. Tyler Stone Wealth Management boosted its position in shares of JPMorgan Equity Premium Income ETF by 187.0% during the 3rd quarter. Tyler Stone Wealth Management now owns 12,724 shares of the company’s stock valued at $757,000 after acquiring an additional 8,290 shares in the last quarter. Ashton Thomas Securities LLC increased its stake in JPMorgan Equity Premium Income ETF by 46.9% in the third quarter. Ashton Thomas Securities LLC now owns 13,872 shares of the company’s stock valued at $820,000 after acquiring an additional 4,432 shares during the period. Finally, Patten & Patten Inc. TN raised its position in JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Patten & Patten Inc. TN now owns 417,037 shares of the company’s stock worth $24,818,000 after purchasing an additional 9,028 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.4 %

Shares of JEPI opened at $57.39 on Tuesday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The stock has a market cap of $38.36 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The company has a 50-day moving average price of $58.59 and a two-hundred day moving average price of $58.98.

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.