Paradigm Strategies in Wealth Management LLC Raises Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Paradigm Strategies in Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 62.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,472 shares of the company’s stock after acquiring an additional 7,511 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 0.7% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 21st largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,120,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JEPI. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after acquiring an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $51,202,000. World Investment Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $31,505,000. Finally, Marks Wealth LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $58.00 on Thursday. The company has a market capitalization of $34.04 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.72 and a one year high of $60.88. The company’s fifty day moving average price is $59.07 and its 200-day moving average price is $58.39.

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.