JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 47,475 shares of the company’s stock after acquiring an additional 2,750 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.4% of Moser Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest position. Moser Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,731,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Stephens Inc. AR increased its position in JPMorgan Equity Premium Income ETF by 3.5% during the fourth quarter. Stephens Inc. AR now owns 525,375 shares of the company’s stock worth $30,225,000 after purchasing an additional 17,728 shares during the last quarter. Summit Wealth & Retirement Planning Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 21.5% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 4,710 shares of the company’s stock valued at $271,000 after buying an additional 832 shares during the period. Investment Advisory Services Inc. TX ADV raised its position in shares of JPMorgan Equity Premium Income ETF by 9.2% during the 4th quarter. Investment Advisory Services Inc. TX ADV now owns 273,992 shares of the company’s stock valued at $15,763,000 after buying an additional 23,136 shares during the period. AlphaStar Capital Management LLC grew its position in JPMorgan Equity Premium Income ETF by 201.3% in the fourth quarter. AlphaStar Capital Management LLC now owns 17,702 shares of the company’s stock worth $1,018,000 after acquiring an additional 11,826 shares during the period. Finally, Seelaus Asset Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth $213,000.

JPMorgan Equity Premium Income ETF Trading Down 0.4 %

NYSEARCA JEPI opened at $58.79 on Friday. The stock has a fifty day simple moving average of $58.68 and a 200-day simple moving average of $58.66. The stock has a market cap of $34.50 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month 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.