JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Paladin Advisory Group LLC’s 8th Largest Position

Paladin Advisory Group LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 65,145 shares of the company’s stock after purchasing an additional 5,210 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 3.0% of Paladin Advisory Group LLC’s portfolio, making the stock its 8th largest holding. Paladin Advisory Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,582,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of JEPI. Family Management Corp purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth $25,000. Salem Investment Counselors Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $27,000. Patriot Investment Management Group Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $27,000. Janiczek Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $30,000. Finally, Perritt Capital Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 44.4% in the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after buying an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI traded down $0.02 during trading on Friday, reaching $55.45. 3,192,580 shares of the company were exchanged, compared to its average volume of 3,600,742. The business’s fifty day simple moving average is $56.84 and its 200-day simple moving average is $55.27. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94. The firm has a market capitalization of $32.48 billion, a PE ratio of 24.51 and a beta of 0.54.

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.