JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by BOK Financial Private Wealth Inc.

BOK Financial Private Wealth Inc. boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 35.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,418 shares of the company’s stock after buying an additional 9,544 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,079,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. GHP Investment Advisors Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. Clarity Asset Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $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 buying an additional 212 shares in the last quarter. Asset Dedication LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $28,000. Finally, BTG Pactual Asset Management US LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth approximately $31,000.

JPMorgan Equity Premium Income ETF Stock Down 0.2%

JEPI stock opened at $59.20 on Wednesday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73. The firm has a market cap of $43.63 billion, a P/E ratio of 23.93 and a beta of 0.60. The company’s 50-day moving average price is $58.19 and its two-hundred day moving average price is $57.33.

JPMorgan Equity Premium Income ETF Cuts Dividend

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

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.