Richard W. Paul & Associates LLC Boosts Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Richard W. Paul & Associates LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 36,961 shares of the company’s stock after acquiring an additional 1,153 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 0.8% of Richard W. Paul & Associates LLC’s investment portfolio, making the stock its 27th biggest position. Richard W. Paul & Associates LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,101,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Mattern Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF by 1.8% in the 2nd quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after purchasing an additional 178 shares during the period. Highline Wealth Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after buying an additional 180 shares during the last quarter. Solutions 4 Wealth Ltd increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1.2% in the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock worth $882,000 after buying an additional 183 shares during the period. First Horizon Advisors Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 9.0% in the second quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock worth $126,000 after buying an additional 183 shares during the period. Finally, SimpliFi Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 2.6% during the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after buying an additional 186 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.59 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The stock has a market capitalization of $40.51 billion, a PE ratio of 23.93 and a beta of 0.60. The business’s 50-day moving average is $56.82 and its 200 day moving average is $56.58.

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.