JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Raised by Masso Torrence Wealth Management Inc.

Masso Torrence Wealth Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,305 shares of the company’s stock after buying an additional 6,368 shares during the period. JPMorgan Equity Premium Income ETF comprises 4.0% of Masso Torrence Wealth Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Masso Torrence Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $7,554,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares during the period. Eaton Financial Holdings Company LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth $51,202,000. World Investment Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 748.5% in the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $31,505,000. Finally, Marks Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $29,284,000.

JPMorgan Equity Premium Income ETF Stock Up 0.0 %

JPMorgan Equity Premium Income ETF stock opened at $58.99 on Wednesday. The firm has a market capitalization of $34.62 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm’s 50-day simple moving average is $58.91 and its 200 day simple moving average is $58.57.

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.