Carlton Hofferkamp & Jenks Wealth Management LLC Boosts Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Carlton Hofferkamp & Jenks Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,332 shares of the company’s stock after purchasing an additional 532 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Clarity Wealth Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after purchasing an additional 401 shares in the last quarter. Tandem Financial LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $757,000. Citigroup Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after acquiring an additional 50,459 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 223.8% in the fourth quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock valued at $343,000 after acquiring an additional 4,120 shares during the last quarter. Finally, Red Crane Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $1,193,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $58.69 on Tuesday. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market capitalization of $39.23 billion, a PE ratio of 25.75 and a beta of 0.61. The business’s 50 day moving average price is $58.65 and its 200 day moving average price is $58.97.

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.