Carlton Hofferkamp & Jenks Wealth Management LLC Trims Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Carlton Hofferkamp & Jenks Wealth Management LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,962 shares of the company’s stock after selling 297 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Mather Group LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $25,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $29,000. Millstone Evans Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $57.46 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The company has a fifty day moving average of $56.93 and a two-hundred day moving average of $56.24. The stock has a market capitalization of $41.21 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62.

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.