Accel Wealth Management Lowers Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Accel Wealth Management decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,802 shares of the company’s stock after selling 1,792 shares during the quarter. Accel Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $679,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp increased its holdings in shares of JPMorgan Equity Premium Income ETF by 111.9% in the fourth quarter. Fifth Third Bancorp now owns 28,219 shares of the company’s stock valued at $1,623,000 after purchasing an additional 14,905 shares during the period. Sachetta LLC boosted its position in JPMorgan Equity Premium Income ETF by 6.9% in the fourth quarter. Sachetta LLC now owns 44,080 shares of the company’s stock valued at $2,537,000 after buying an additional 2,842 shares during the last quarter. Southland Equity Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.7% in the 4th quarter. Southland Equity Partners LLC now owns 7,535 shares of the company’s stock worth $433,000 after buying an additional 340 shares during the period. LexAurum Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 12.5% during the 4th quarter. LexAurum Advisors LLC now owns 32,582 shares of the company’s stock worth $1,874,000 after buying an additional 3,626 shares during the last quarter. Finally, RFG Advisory LLC lifted its stake in JPMorgan Equity Premium Income ETF by 10.3% during the 4th quarter. RFG Advisory LLC now owns 57,448 shares of the company’s stock valued at $3,305,000 after acquiring an additional 5,346 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

NYSEARCA JEPI opened at $59.10 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The stock has a market capitalization of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock has a 50-day moving average of $58.93 and a 200 day moving average of $58.50.

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.