Howard Financial Services LTD. Sells 950 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Howard Financial Services LTD. decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,418 shares of the company’s stock after selling 950 shares during the period. Howard Financial Services LTD.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,275,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. HHM Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $28,000. Larson Financial Group LLC increased its stake 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 purchasing an additional 314 shares in the last quarter. Burkett Financial Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $35,000. Morris Financial Concepts Inc. raised its position in JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $38,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

JEPI stock opened at $59.05 on Wednesday. The stock has a market capitalization of $34.65 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm has a 50-day simple moving average of $58.09 and a 200-day simple moving average of $57.15. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $59.58.

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.