Paradigm Strategies in Wealth Management LLC Sells 533 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Paradigm Strategies in Wealth Management LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 11,914 shares of the company’s stock after selling 533 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 0.4% of Paradigm Strategies in Wealth Management LLC’s holdings, making the stock its 24th largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $675,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of JEPI. Global Assets Advisory LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5,858.1% during the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock valued at $356,724,000 after buying an additional 6,061,819 shares during the period. Cetera Investment Advisers lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after buying an additional 3,318,702 shares during the period. Rational Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $47,650,000. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.8% during the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares during the period. Finally, First Foundation Advisors raised its holdings in JPMorgan Equity Premium Income ETF by 91.9% in the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after purchasing an additional 576,068 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

JPMorgan Equity Premium Income ETF stock traded up $0.28 during trading on Friday, reaching $58.83. The company had a trading volume of 2,154,035 shares, compared to its average volume of 3,235,844. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $58.85. The firm’s 50-day simple moving average is $56.93 and its 200 day simple moving average is $56.78. The firm has a market capitalization of $34.52 billion, a price-to-earnings 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.