Richard W. Paul & Associates LLC Has $2.48 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Richard W. Paul & Associates LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,740 shares of the company’s stock after purchasing an additional 6,797 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 1.0% of Richard W. Paul & Associates LLC’s investment portfolio, making the stock its 24th biggest holding. Richard W. Paul & Associates LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,479,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Asset Allocation Strategies LLC raised its holdings in JPMorgan Equity Premium Income ETF by 3.6% in the 4th quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock worth $398,000 after acquiring an additional 253 shares during the period. Global Trust Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 146.8% during the 1st quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock worth $88,000 after purchasing an additional 900 shares during the last quarter. Mosley Wealth Management acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $578,000. Optimum Investment Advisors boosted its stake in JPMorgan Equity Premium Income ETF by 331.3% during the 1st quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock valued at $75,000 after purchasing an additional 994 shares during the period. Finally, Napa Wealth Management acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $1,254,000.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

Shares of JEPI stock traded down $0.13 during trading hours on Thursday, reaching $57.87. 2,235,441 shares of the company’s stock were exchanged, compared to its average volume of 3,265,382. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $58.05. The stock has a market capitalization of $33.96 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average price of $56.66 and a 200-day moving average price of $56.68.

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.