Accel Wealth Management Sells 434 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Accel Wealth Management trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.6% during the first quarter, HoldingsChannel.com reports. The firm owned 15,980 shares of the company’s stock after selling 434 shares during the quarter. Accel Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $925,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JEPI. Burkett Financial Services LLC bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth about $35,000. Capital Advisors Ltd. LLC raised its holdings in JPMorgan Equity Premium Income ETF by 79.3% during the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after acquiring an additional 291 shares in the last quarter. Morris Financial Concepts Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares in the last quarter. BOK Financial Private Wealth Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 400.0% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after acquiring an additional 600 shares in the last quarter. Finally, Roble Belko & Company Inc bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI traded down $0.06 on Thursday, hitting $56.14. 2,345,787 shares of the company were exchanged, compared to its average volume of 3,278,742. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The company has a market cap of $32.94 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average is $56.58 and its 200-day moving average is $56.34.

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.