BKM Wealth Management LLC Has $1.78 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

BKM Wealth Management LLC decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.6% in the 3rd quarter, Holdings Channel reports. The fund owned 29,912 shares of the company’s stock after selling 1,449 shares during the period. BKM Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,780,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Mattern Wealth Management LLC grew its holdings in shares of 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 purchasing an additional 174 shares during the last quarter. Empirical Asset Management LLC increased its position in JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after acquiring an additional 179 shares during the period. Fluent Financial LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 4.2% during the first quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock valued at $258,000 after acquiring an additional 181 shares during the last quarter. FSC Wealth Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.9% during the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after purchasing an additional 188 shares during the period. Finally, Hixon Zuercher LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 3.7% in the second quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock worth $302,000 after purchasing an additional 190 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

NYSEARCA JEPI opened at $59.22 on Friday. The stock has a fifty day simple moving average of $58.87 and a 200 day simple moving average of $57.35. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.97. The company has a market capitalization of $34.75 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.