Axxcess Wealth Management LLC Increases Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Axxcess Wealth Management LLC raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,047 shares of the company’s stock after purchasing an additional 15,154 shares during the quarter. Axxcess Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,070,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $28,000. Duncker Streett & Co. Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Ulland Investment Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $31,000. Creative Capital Management Investments LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $32,000. Finally, Running Point Capital Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $57.46 on Tuesday. The stock has a 50-day simple moving average of $58.50 and a 200-day simple moving average of $58.93. The stock has a market cap of $39.28 billion, a P/E ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 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.