JPMorgan Equity Premium Income ETF $JEPI Stock Position Trimmed by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp cut its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 83,078 shares of the company’s stock after selling 48,388 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 1.4% of MADDEN SECURITIES Corp’s holdings, making the stock its 23rd biggest position. MADDEN SECURITIES Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $4,755,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Crewe Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 32.9% in the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after purchasing an additional 9,514 shares during the last quarter. Clearstead Trust LLC increased its stake in JPMorgan Equity Premium Income ETF by 307.8% during the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock valued at $4,539,000 after buying an additional 59,999 shares during the period. Cascade Wealth Advisors Inc increased its stake in JPMorgan Equity Premium Income ETF by 5.9% during the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock valued at $15,237,000 after buying an additional 14,899 shares during the period. BG Investment Services Inc. increased its stake in JPMorgan Equity Premium Income ETF by 49.1% during the 3rd quarter. BG Investment Services Inc. now owns 68,887 shares of the company’s stock valued at $3,933,000 after buying an additional 22,670 shares during the period. Finally, Cyndeo Wealth Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after buying an additional 12,790 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $55.96 on Monday. The stock has a market cap of $44.34 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. The company’s 50-day moving average price is $57.41 and its two-hundred day moving average price is $57.64. JPMorgan Equity Premium Income ETF has a 52 week low of $55.15 and a 52 week high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.