JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Masso Torrence Wealth Management Inc.

Masso Torrence Wealth Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 124,937 shares of the company’s stock after purchasing an additional 1,234 shares during the period. JPMorgan Equity Premium Income ETF makes up about 4.0% of Masso Torrence Wealth Management Inc.’s holdings, making the stock its 7th largest holding. Masso Torrence Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $7,435,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of JEPI. HHM Wealth Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $28,000. Larson Financial Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares during the last quarter. Morris Financial Concepts Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares in the last quarter. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $38,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 105.2% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after purchasing an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI traded down $0.16 during trading hours on Friday, hitting $59.23. The company had a trading volume of 2,625,692 shares, compared to its average volume of 3,129,870. The business has a 50 day moving average of $58.87 and a 200-day moving average of $57.35. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.97. The company has a market cap of $34.76 billion, a PE ratio of 24.40 and a beta of 0.53.

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.