Accel Wealth Management Has $902,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Accel Wealth Management cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,414 shares of the company’s stock after selling 637 shares during the quarter. Accel Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $902,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. Perritt Capital Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Family Management Corp bought a new position in JPMorgan Equity Premium Income ETF during the first quarter worth about $25,000. Salem Investment Counselors Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $27,000. Patriot Investment Management Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $27,000. Finally, Janiczek Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $30,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI traded up $0.35 during trading hours on Wednesday, hitting $57.77. The stock had a trading volume of 2,822,867 shares, compared to its average volume of 3,561,617. The stock has a market capitalization of $29.92 billion, a price-to-earnings ratio of 21.55 and a beta of 0.62. The company’s fifty day moving average is $56.58 and its two-hundred day moving average is $55.04. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.77.

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.