Moss Adams Wealth Advisors LLC Reduces Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Moss Adams Wealth Advisors LLC decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 9,410 shares of the company’s stock after selling 908 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $538,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Potentia Wealth purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $447,000. Florida Financial Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 54.3% during the fourth quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock worth $404,000 after buying an additional 2,468 shares during the last quarter. US Bancorp DE grew its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% during the fourth quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after buying an additional 6,273 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 15.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,439 shares of the company’s stock worth $198,000 after buying an additional 470 shares during the last quarter. Finally, Triumph Capital Management grew its holdings in shares of JPMorgan Equity Premium Income ETF by 17.3% during the fourth quarter. Triumph Capital Management now owns 47,235 shares of the company’s stock worth $2,717,000 after buying an additional 6,981 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.5%

NYSEARCA JEPI opened at $56.03 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The business’s 50-day moving average price is $54.99 and its 200 day moving average price is $57.33. The firm has a market cap of $39.88 billion, a P/E ratio of 24.45 and a beta of 0.60.

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.