Moss Adams Wealth Advisors LLC Raises Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Moss Adams Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 950,282 shares of the company’s stock after acquiring an additional 14,505 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 11.0% of Moss Adams Wealth Advisors LLC’s portfolio, making the stock its 4th largest position. Moss Adams Wealth Advisors LLC owned about 0.18% of JPMorgan Equity Premium Income ETF worth $52,548,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Cherry Tree Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF by 10.1% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 31,375 shares of the company’s stock worth $1,725,000 after purchasing an additional 2,890 shares during the period. Sovereign Financial Group Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 10.9% in the fourth quarter. Sovereign Financial Group Inc. now owns 18,123 shares of the company’s stock worth $996,000 after purchasing an additional 1,775 shares during the last quarter. Aviance Capital Partners LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $840,000. N.E.W. Advisory Services LLC grew its holdings in JPMorgan Equity Premium Income ETF by 19.6% in the 4th quarter. N.E.W. Advisory Services LLC now owns 43,968 shares of the company’s stock worth $2,417,000 after acquiring an additional 7,207 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 3.1% in the fourth quarter. Apollon Wealth Management LLC now owns 154,709 shares of the company’s stock valued at $8,506,000 after acquiring an additional 4,672 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.09 during trading on Wednesday, reaching $56.75. 2,440,123 shares of the stock were exchanged, compared to its average volume of 3,515,984. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94. The firm has a market cap of $33.30 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average is $56.76 and its 200 day moving average is $55.56.

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.