JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is MADDEN SECURITIES Corp’s 2nd Largest Position

MADDEN SECURITIES Corp increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 273,426 shares of the company’s stock after acquiring an additional 3,937 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 6.9% of MADDEN SECURITIES Corp’s holdings, making the stock its 2nd largest position. MADDEN SECURITIES Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $15,498,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake 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 worth $1,274,807,000 after purchasing an additional 815,598 shares during the last quarter. Global Assets Advisory LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 5,858.1% in the first 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. Envestnet Asset Management Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,836,775 shares of the company’s stock valued at $320,906,000 after buying an additional 315,588 shares during the period. Cetera Investment Advisers lifted its position 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 last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 6.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 3,172,309 shares of the company’s stock worth $174,414,000 after acquiring an additional 187,656 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 1.7 %

JPMorgan Equity Premium Income ETF stock traded up $0.94 during midday trading on Thursday, reaching $56.22. The stock had a trading volume of 2,668,871 shares, compared to its average volume of 3,319,533. The firm has a market capitalization of $32.99 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The firm’s 50-day moving average price is $56.52 and its 200 day moving average price is $56.59.

About JPMorgan Equity Premium Income ETF

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.