Masso Torrence Wealth Management Inc. Buys 1,234 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Masso Torrence Wealth Management Inc. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 124,937 shares of the company’s stock after purchasing an additional 1,234 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 4.0% of Masso Torrence Wealth Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Masso Torrence Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $7,435,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Mattern Wealth Management LLC grew its holdings in 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 acquiring an additional 174 shares during the period. Empirical Asset Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.0% in the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after buying an additional 179 shares in the last quarter. Fluent Financial LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.2% in the first quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock valued at $258,000 after buying an additional 181 shares in the last quarter. FSC Wealth Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.9% during the 2nd quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after acquiring an additional 188 shares in the last quarter. Finally, Hixon Zuercher LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 3.7% in the 2nd quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock worth $302,000 after acquiring an additional 190 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock traded down $0.16 during midday trading on Friday, hitting $59.23. 2,625,692 shares of the stock were exchanged, compared to its average volume of 3,129,870. The stock’s 50-day moving average price is $58.87 and its 200-day moving average price is $57.35. The stock has a market cap of $34.76 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.97.

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.