Blair William & Co. IL Buys 17,284 Shares of JPMorgan Equity Premium Income ETF $JEPI

Blair William & Co. IL grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 229,983 shares of the company’s stock after acquiring an additional 17,284 shares during the quarter. Blair William & Co. IL’s holdings in JPMorgan Equity Premium Income ETF were worth $13,132,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of JEPI. Clarity Asset Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $25,000. Pin Oak Investment Advisors Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 73.6% during the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares in the last quarter. Asset Dedication LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $28,000. BTG Pactual Asset Management US LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $31,000. Finally, Addison Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $37,000.

JPMorgan Equity Premium Income ETF Trading Down 0.9%

JPMorgan Equity Premium Income ETF stock opened at $58.09 on Monday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.90. The stock has a fifty day simple moving average of $58.59 and a two-hundred day simple moving average of $57.58. The firm has a market cap of $42.81 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

JPMorgan Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.3513 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date was Monday, March 2nd. This is a positive change from JPMorgan Equity Premium Income ETF’s previous monthly dividend of $0.34.

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