JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Legacy Private Trust Co.

Legacy Private Trust Co. lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 54,932 shares of the company’s stock after selling 12,460 shares during the quarter. Legacy Private Trust Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,144,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Bank of America Corp DE grew its holdings in JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after buying an additional 690,960 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock worth $538,622,000 after acquiring an additional 493,639 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.8% during the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after acquiring an additional 201,202 shares during the period. Nationwide Fund Advisors boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.8% in the third quarter. Nationwide Fund Advisors now owns 7,038,718 shares of the company’s stock worth $401,911,000 after acquiring an additional 55,467 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 1.4% in the second quarter. Osaic Holdings Inc. now owns 6,248,359 shares of the company’s stock worth $355,327,000 after acquiring an additional 85,326 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $56.09 on Friday. The firm has a market capitalization of $41.34 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. 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 50 day moving average price of $58.51 and a 200 day moving average price of $57.60.

JPMorgan Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.3513 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 7.5%. This is a boost 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.