Morse Asset Management Inc Has $649,000 Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Morse Asset Management Inc lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 26.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,443 shares of the company’s stock after selling 4,189 shares during the quarter. Morse Asset Management Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $649,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. HHM Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at about $28,000. Larson Financial Group LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares during the period. Burkett Financial Services LLC bought a new position in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $35,000. Morris Financial Concepts Inc. grew its stake in JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after acquiring an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $38,000.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of NYSEARCA:JEPI opened at $59.15 on Monday. The firm has a market cap of $34.71 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.29. The company’s fifty day simple moving average is $57.54 and its 200 day simple moving average is $56.99.

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.