Moser Wealth Advisors LLC Has $1.60 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Moser Wealth Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,145 shares of the company’s stock after purchasing an additional 600 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.0% of Moser Wealth Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. Moser Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,602,000 as of its most recent SEC filing.

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

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

NYSEARCA JEPI traded up $0.14 during midday trading on Thursday, hitting $56.90. The company had a trading volume of 470,751 shares, compared to its average volume of 3,479,964. The company has a market capitalization of $33.39 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.94. The firm has a 50-day moving average price of $56.75 and a 200-day moving average price of $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.