Morse Asset Management Inc Has $811,000 Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Morse Asset Management Inc lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,626 shares of the company’s stock after purchasing an additional 2,183 shares during the period. Morse Asset Management Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in JEPI. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after purchasing an additional 539,682 shares during the period. Cetera Investment Advisers grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after purchasing an additional 52,301 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after buying an additional 285,180 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after buying an additional 166,821 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

Shares of JEPI stock opened at $60.09 on Wednesday. The company has a market cap of $35.26 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a fifty day simple moving average of $59.54 and a 200 day simple moving average of $57.98. JPMorgan Equity Premium Income ETF has a twelve month low of $54.27 and a twelve month high of $60.88.

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.