Accel Wealth Management trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 3.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 7,716 shares of the company’s stock after selling 250 shares during the period. Accel Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $439,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in JEPI. Mather Group LLC. acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $25,000. Bartlett & CO. Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $25,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $29,000. Millstone Evans Group LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $32,000.
JPMorgan Equity Premium Income ETF Trading Up 0.3%
Shares of NYSEARCA JEPI opened at $57.03 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The company has a market cap of $41.28 billion, a P/E ratio of 23.93 and a beta of 0.62. The stock has a fifty day moving average price of $56.76 and a 200 day moving average price of $56.13.
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.
Featured Articles
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Health Care Stocks Explained: Why You Might Want to Invest
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- Using the MarketBeat Dividend Tax Calculator
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- Retail Stocks Investing, Explained
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.