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

Moss Adams Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.6% in the fourth quarter, Holdings Channel reports. 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 makes up about 11.0% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Moss Adams Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $52,548,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $647,943,000. Morgan Stanley increased its stake in JPMorgan Equity Premium Income ETF by 12.1% in the 3rd quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock worth $1,751,195,000 after buying an additional 3,531,562 shares during the period. Envestnet Asset Management Inc. increased its stake in JPMorgan Equity Premium Income ETF by 41.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock worth $295,715,000 after buying an additional 1,618,295 shares during the period. Bank of New York Mellon Corp lifted its holdings in JPMorgan Equity Premium Income ETF by 1,421.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,536,371 shares of the company’s stock valued at $82,288,000 after buying an additional 1,435,379 shares in the last quarter. Finally, UBS Group AG boosted its position in JPMorgan Equity Premium Income ETF by 21.5% in the 3rd quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after buying an additional 1,024,956 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock traded up $0.09 during mid-day trading on Wednesday, reaching $56.75. The company had a trading volume of 2,440,123 shares, compared to its average volume of 3,515,984. The firm has a 50 day moving average of $56.76 and a 200 day moving average of $55.56. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The company has a market capitalization of $33.30 billion, a PE 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.