Axxcess Wealth Management LLC Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Axxcess Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 175,047 shares of the company’s stock after purchasing an additional 15,154 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,070,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Consolidated Planning Corp increased its position in JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after purchasing an additional 179 shares during the period. Landmark Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 5.1% during the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after buying an additional 185 shares during the last quarter. Aviance Capital Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 1.1% during the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after buying an additional 194 shares during the last quarter. Fortis Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares during the last quarter. Finally, Beam Wealth Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 0.4% during the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after buying an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $57.46 on Tuesday. The business’s fifty day moving average price is $58.50 and its two-hundred day moving average price is $58.93. The stock has a market cap of $39.28 billion, a PE ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.