45,425 Shares in JPMorgan Equity Premium Income ETF $JEPI Acquired by Caprock Group LLC

Caprock Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 45,425 shares of the company’s stock, valued at approximately $2,596,000.

Several other large investors have also modified their holdings of the company. Scott Capital Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 124.4% in the 3rd quarter. Scott Capital Advisors LLC now owns 123,643 shares of the company’s stock valued at $7,037,000 after buying an additional 68,548 shares during the last quarter. BG Investment Services Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 49.1% in the 3rd quarter. BG Investment Services Inc. now owns 68,887 shares of the company’s stock worth $3,933,000 after acquiring an additional 22,670 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of JPMorgan Equity Premium Income ETF by 7.6% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 214,637 shares of the company’s stock worth $12,256,000 after acquiring an additional 15,186 shares during the period. Cambridge Advisors Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 8.8% in the third quarter. Cambridge Advisors Inc. now owns 187,501 shares of the company’s stock valued at $10,706,000 after acquiring an additional 15,195 shares in the last quarter. Finally, FAS Wealth Partners Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 3.7% during the third quarter. FAS Wealth Partners Inc. now owns 1,534,530 shares of the company’s stock worth $87,622,000 after acquiring an additional 54,943 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.4%

NYSEARCA JEPI opened at $59.01 on Friday. The stock has a market capitalization of $43.49 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73. The firm has a 50-day moving average price of $58.07 and a 200 day moving average price of $57.26.

JPMorgan Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.3444 dividend. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend was Monday, February 2nd.

JPMorgan Equity Premium Income ETF 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.