Meriwether Wealth & Planning LLC Buys New Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Meriwether Wealth & Planning LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,602 shares of the company’s stock, valued at approximately $265,000.

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

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

JEPI stock opened at $58.20 on Monday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company’s 50 day moving average is $58.60 and its two-hundred day moving average is $58.98. The stock has a market cap of $38.91 billion, a P/E ratio of 25.75 and a beta of 0.61.

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.