Security National Bank Sells 131,190 Shares of JPMorgan Equity Premium Income ETF $JEPI

Security National Bank trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 65.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,235 shares of the company’s stock after selling 131,190 shares during the quarter. Security National Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $3,953,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. TBH Global Asset Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $5,468,000. Meridian Financial Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 8.5% during the 3rd quarter. Meridian Financial Partners LLC now owns 8,931 shares of the company’s stock valued at $508,000 after acquiring an additional 696 shares in the last quarter. Meridian Financial Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 115.1% in the third quarter. Meridian Financial Advisors LLC now owns 10,499 shares of the company’s stock valued at $599,000 after acquiring an additional 5,619 shares during the period. Sax Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 14.2% in the third quarter. Sax Wealth Advisors LLC now owns 58,408 shares of the company’s stock valued at $3,335,000 after acquiring an additional 7,246 shares during the period. Finally, Lewis Asset Management LLC raised its position in JPMorgan Equity Premium Income ETF by 27.5% in the third quarter. Lewis Asset Management LLC now owns 53,558 shares of the company’s stock worth $3,058,000 after purchasing an additional 11,543 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.98 on Wednesday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73. The company has a 50-day moving average price of $57.20 and a two-hundred day moving average price of $56.90. The stock has a market cap of $41.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.