Objective Capital Management LLC Takes Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Objective Capital Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 6,181 shares of the company’s stock, valued at approximately $368,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Mattern Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after purchasing an additional 174 shares during the last quarter. Empirical Asset Management LLC increased its stake in shares of 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 purchasing an additional 179 shares during the last quarter. FSC Wealth Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.9% in the 2nd quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock valued at $384,000 after purchasing an additional 188 shares during the last quarter. Hixon Zuercher LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 3.7% in the 2nd quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock valued at $302,000 after purchasing an additional 190 shares during the last quarter. Finally, Hudock Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 3rd quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after purchasing an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of JEPI traded up $0.36 during midday trading on Friday, hitting $60.03. The company’s stock had a trading volume of 2,982,478 shares, compared to its average volume of 3,142,178. The stock has a market capitalization of $35.23 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $53.33 and a one year high of $60.10. The company’s fifty day simple moving average is $59.06 and its two-hundred day simple moving average is $57.56.

JPMorgan Equity Premium Income ETF Company 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.