JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 233,778 shares of the company’s stock after selling 28,228 shares during the quarter. Axxcess Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,290,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Kingstone Capital Partners Texas LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after purchasing an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after purchasing an additional 7,443,750 shares during the last quarter. Royal Bank of Canada grew its position in shares of JPMorgan Equity Premium Income ETF by 10.5% in the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after purchasing an additional 772,858 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 11.3% in the first quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after purchasing an additional 774,664 shares during the last quarter. Finally, Nationwide Fund Advisors acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.55 on Tuesday. The company’s 50 day simple moving average is $56.77 and its 200-day simple moving average is $56.10. The firm has a market capitalization of $40.92 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88.

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.