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

Morse Asset Management Inc boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.1% during the third quarter, HoldingsChannel reports. The fund owned 13,626 shares of the company’s stock after purchasing an additional 2,183 shares during the quarter. Morse Asset Management Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $811,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $25,000. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth approximately $28,000. Running Point Capital Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the last quarter. Centerpoint Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $43,000. Finally, Brown Lisle Cummings Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

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

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.