MADDEN SECURITIES Corp Buys 10,148 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

MADDEN SECURITIES Corp lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 288,117 shares of the company’s stock after buying an additional 10,148 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 6.6% of MADDEN SECURITIES Corp’s holdings, making the stock its 2nd largest holding. MADDEN SECURITIES Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $16,575,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $295,000. Alpha Financial Partners LLC grew its stake in JPMorgan Equity Premium Income ETF by 45.5% during the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock worth $3,550,000 after buying an additional 18,662 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth about $229,000. Concourse Financial Group Securities Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 9.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 37,478 shares of the company’s stock worth $2,230,000 after buying an additional 3,195 shares in the last quarter. Finally, Armstrong Advisory Group Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 4.6% in the third quarter. Armstrong Advisory Group Inc. now owns 33,632 shares of the company’s stock valued at $2,001,000 after acquiring an additional 1,480 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.09 on Tuesday. The stock’s 50 day simple moving average is $58.65 and its 200 day simple moving average is $58.69. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The firm has a market cap of $34.68 billion, a PE ratio of 24.40 and a beta of 0.53.

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.