Oxinas Partners Wealth Management LLC Has $709,000 Position in JPMorgan Equity Premium Income ETF $JEPI

Oxinas Partners Wealth Management LLC lessened its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 72.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,426 shares of the company’s stock after selling 32,016 shares during the period. Oxinas Partners Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $709,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. GHP Investment Advisors Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. Clarity Asset Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $25,000. Pin Oak Investment Advisors Inc. increased its holdings 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 worth $28,000 after purchasing an additional 212 shares during the period. Asset Dedication LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $28,000. Finally, BTG Pactual Asset Management US LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $31,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.31 on Friday. The firm has a market cap of $43.71 billion, a PE ratio of 23.93 and a beta of 0.60. The stock’s fifty day moving average price is $58.10 and its two-hundred day moving average price is $57.28. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.73.

JPMorgan Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.3444 per share. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date was Monday, February 2nd.

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.