Melia Wealth LLC Has $36.68 Million Position in JPMorgan Equity Premium Income ETF $JEPI

Melia Wealth LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 645,241 shares of the company’s stock after acquiring an additional 33,358 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 17.6% of Melia Wealth LLC’s portfolio, making the stock its largest holding. Melia Wealth LLC owned approximately 0.09% of JPMorgan Equity Premium Income ETF worth $36,682,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Mattern Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.8% in the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after purchasing an additional 178 shares in the last quarter. Highline Wealth Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 13.5% in the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after purchasing an additional 180 shares in the last quarter. Solutions 4 Wealth Ltd raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.2% in the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after purchasing an additional 183 shares in the last quarter. SimpliFi Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.6% in the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after purchasing an additional 186 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its stake in JPMorgan Equity Premium Income ETF by 4.0% during the first quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock worth $280,000 after acquiring an additional 190 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.55 on Tuesday. The stock has a fifty day moving average price of $56.77 and a two-hundred day moving average price of $56.10. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The firm has a market capitalization of $40.92 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.