Decker Retirement Planning Inc. Invests $1.44 Million in JPMorgan Equity Premium Income ETF $JEPI

Decker Retirement Planning Inc. bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,142 shares of the company’s stock, valued at approximately $1,436,000.

A number of other institutional investors have also recently added to or reduced their stakes in JEPI. Bartlett & CO. Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. Clarity Asset Management Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. Pin Oak Investment Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 73.6% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 212 shares during the period. Finally, Asset Dedication LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $28,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

NYSEARCA JEPI opened at $58.30 on Tuesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73. The business has a 50 day moving average price of $57.31 and a two-hundred day moving average price of $57.00. The stock has a market cap of $42.34 billion, a PE ratio of 23.93 and a beta of 0.60.

About JPMorgan Equity Premium Income ETF

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.