JPMorgan Equity Premium Income ETF $JEPI Shares Sold by MADDEN SECURITIES Corp
by Jessica Moore · The Cerbat GemMADDEN SECURITIES Corp trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 57.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 131,466 shares of the company’s stock after selling 176,319 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.3% of MADDEN SECURITIES Corp’s investment portfolio, making the stock its 15th largest holding. MADDEN SECURITIES Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $7,507,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC boosted its stake in JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after purchasing an additional 401,771,477 shares during the period. Bank of America Corp DE lifted its position in JPMorgan Equity Premium Income ETF by 2.1% in the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after purchasing an additional 690,960 shares during the period. Envestnet Asset Management Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 17.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after purchasing an additional 1,327,996 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 9.9% during the 2nd quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock valued at $402,053,000 after purchasing an additional 636,586 shares during the period. Finally, Nationwide Fund Advisors bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth $396,998,000.
JPMorgan Equity Premium Income ETF Stock Up 0.4%
Shares of JPMorgan Equity Premium Income ETF stock opened at $58.25 on Friday. The business has a fifty day simple moving average of $57.27 and a 200-day simple moving average of $56.98. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73. The firm has a market cap of $42.34 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.
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.
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