JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Paladin Advisory Group LLC’s 8th Largest Position

Paladin Advisory Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 65,145 shares of the company’s stock after buying an additional 5,210 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 3.0% of Paladin Advisory Group LLC’s investment portfolio, making the stock its 8th biggest position. Paladin Advisory Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,582,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. Family Management Corp bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $25,000. Salem Investment Counselors Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $27,000. Patriot Investment Management Group Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $27,000. Janiczek Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $30,000. Finally, Perritt Capital Management Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after buying an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.0 %

Shares of NYSEARCA JEPI traded down $0.02 during midday trading on Friday, reaching $55.45. The company had a trading volume of 3,192,580 shares, compared to its average volume of 3,600,742. The stock has a market cap of $32.48 billion, a PE ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The firm’s fifty day moving average price is $56.84 and its 200-day moving average price is $55.27.

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.