Onyx Bridge Wealth Group LLC Purchases 13,901 Shares of JPMorgan Equity Premium Income ETF $JEPI

Onyx Bridge Wealth Group LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 71,267 shares of the company’s stock after acquiring an additional 13,901 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,069,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. BOS Asset Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 3.5% in the third quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock valued at $298,000 after buying an additional 178 shares during the period. First Horizon Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 9.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock worth $126,000 after acquiring an additional 183 shares during the last quarter. Bessemer Group Inc. increased its position in JPMorgan Equity Premium Income ETF by 0.9% in the 3rd quarter. Bessemer Group Inc. now owns 20,292 shares of the company’s stock valued at $1,159,000 after acquiring an additional 185 shares during the period. Comprehensive Money Management Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 3.6% during the third quarter. Comprehensive Money Management Services LLC now owns 5,428 shares of the company’s stock valued at $310,000 after acquiring an additional 188 shares during the last quarter. Finally, Global Financial Private Client LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.7% during the third quarter. Global Financial Private Client LLC now owns 5,317 shares of the company’s stock worth $304,000 after purchasing an additional 189 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.27 on Thursday. The stock has a market cap of $43.68 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.73. The company’s fifty day moving average is $58.04 and its 200 day moving average is $57.25.

JPMorgan Equity Premium Income ETF Cuts Dividend

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

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.