FSC Wealth Advisors LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

FSC Wealth Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,555 shares of the company’s stock after purchasing an additional 443 shares during the quarter. FSC Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $435,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEPI. Mattern Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after buying an additional 174 shares in the last quarter. Empirical Asset Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares during the last quarter. Aviance Capital Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% in the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares in the last quarter. Fortis Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after purchasing an additional 196 shares during the last quarter. Finally, Hudock Inc. grew its stake in JPMorgan Equity Premium Income ETF by 4.5% in the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock worth $274,000 after purchasing an additional 199 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

Shares of NYSEARCA JEPI opened at $59.29 on Tuesday. The stock’s 50 day moving average price is $58.92 and its two-hundred day moving average price is $58.55. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The stock has a market capitalization of $34.79 billion, a P/E ratio of 24.40 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

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.