Balboa Wealth Partners Has $2.43 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Balboa Wealth Partners increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,156 shares of the company’s stock after buying an additional 666 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 0.8% of Balboa Wealth Partners’ holdings, making the stock its 21st biggest position. Balboa Wealth Partners’ holdings in JPMorgan Equity Premium Income ETF were worth $2,428,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. International Assets Investment Management LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $647,943,000. Morgan Stanley grew its stake in JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after purchasing an additional 3,531,562 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 41.5% in the third quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock valued at $295,715,000 after purchasing an additional 1,618,295 shares in the last quarter. UBS Group AG grew its stake in JPMorgan Equity Premium Income ETF by 21.5% in the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after purchasing an additional 1,024,956 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in JPMorgan Equity Premium Income ETF by 15.3% in the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after purchasing an additional 922,303 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of NYSEARCA:JEPI traded up $0.05 on Wednesday, reaching $57.27. The company had a trading volume of 2,692,070 shares, compared to its average volume of 3,419,002. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.94. The stock has a 50-day moving average price of $56.78 and a 200 day moving average price of $55.89. The stock has a market capitalization of $33.60 billion, a P/E ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company 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.