Mosley Wealth Management Acquires 6,548 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mosley Wealth Management boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 230,152 shares of the company’s stock after buying an additional 6,548 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 8.4% of Mosley Wealth Management’s holdings, making the stock its 2nd largest holding. Mosley Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $13,565,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in JEPI. Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Creative Capital Management Investments LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000. Finally, Missouri Trust & Investment Co boosted its position in JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after buying an additional 634 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.11 on Friday. The firm has a market capitalization of $39.04 billion, a P/E ratio of 24.79 and a beta of 0.61. The company’s 50 day moving average price is $58.46 and its two-hundred day moving average price is $58.89. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.