Paragon Private Wealth Management LLC Sells 473 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Paragon Private Wealth Management LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,364 shares of the company’s stock after selling 473 shares during the quarter. Paragon Private Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $424,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of Jackson Hole Trust acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $31,000. Creative Capital Management Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $32,000. Finally, Running Point Capital Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $58.20 on Monday. The stock has a market capitalization of $38.91 billion, a PE ratio of 25.75 and a beta of 0.61. The business’s 50-day simple moving average is $58.60 and its 200-day simple moving average is $58.98. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

JPMorgan Equity Premium Income ETF 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.