MAS Advisors LLC Acquires New Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

MAS Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,092 shares of the company’s stock, valued at approximately $402,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. HHM Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at about $28,000. Larson Financial Group LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares in the last quarter. Burkett Financial Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $35,000. Morris Financial Concepts Inc. boosted its position in JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after purchasing an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $38,000.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.20 on Friday. The firm has a fifty day simple moving average of $57.45 and a 200-day simple moving average of $56.95. The stock has a market capitalization of $34.74 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.29.

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.