JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 288,117 shares of the company’s stock after buying an additional 10,148 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 6.6% of MADDEN SECURITIES Corp’s holdings, making the stock its 2nd largest position. MADDEN SECURITIES Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $16,575,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of JEPI. Clarity Wealth Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after buying an additional 401 shares in the last quarter. Tandem Financial LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $757,000. Citigroup Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% during the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after acquiring an additional 50,459 shares during the period. Accurate Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $215,000. Finally, Whittier Trust Co. acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth about $108,000.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

JPMorgan Equity Premium Income ETF stock opened at $59.09 on Tuesday. The company has a market cap of $34.68 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company’s 50-day moving average is $58.65 and its two-hundred day moving average is $58.69.

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.