JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 90.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,937 shares of the company’s stock after acquiring an additional 12,790 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,542,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of JEPI. Clarity Asset Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $25,000. Asset Dedication LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $28,000. BTG Pactual Asset Management US LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $31,000. Logan Capital Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $33,000. Finally, VSM Wealth Advisory LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 84.1% in the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after buying an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.09 on Monday. The business has a 50-day simple moving average of $58.51 and a 200-day simple moving average of $57.61. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.90. The company has a market cap of $41.34 billion, a PE ratio of 23.93 and a beta of 0.60.

JPMorgan Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.3513 per share. This is a boost from JPMorgan Equity Premium Income ETF’s previous monthly dividend of $0.34. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 7.5%.

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.