JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Meridian Wealth Management LLC

Meridian Wealth Management LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,196 shares of the company’s stock after selling 1,033 shares during the period. Meridian Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,023,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JEPI. Mattern Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after purchasing an additional 174 shares in the last quarter. Empirical Asset Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after buying an additional 179 shares in the last quarter. FSC Wealth Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.9% during the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock valued at $384,000 after buying an additional 188 shares in the last quarter. Hixon Zuercher LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 3.7% during the 2nd quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock worth $302,000 after buying an additional 190 shares during the last quarter. Finally, Aviance Capital Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.1% in the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after acquiring an additional 194 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

JEPI stock opened at $60.16 on Friday. The stock’s 50 day simple moving average is $59.36 and its 200 day simple moving average is $57.82. JPMorgan Equity Premium Income ETF has a 12-month low of $54.27 and a 12-month high of $60.20. The firm has a market cap of $35.30 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.