Tableaux LLC Grows Position in JPMorgan Equity Premium Income ETF $JEPI

Tableaux LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3,910.9% in the third quarter, Holdings Channel.com reports. The fund owned 96,262 shares of the company’s stock after purchasing an additional 93,862 shares during the period. JPMorgan Equity Premium Income ETF comprises about 2.2% of Tableaux LLC’s holdings, making the stock its 14th biggest position. Tableaux LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,497,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JEPI. GHP Investment Advisors Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $25,000. Clarity Asset Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at about $25,000. Pin Oak Investment Advisors Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 73.6% in 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 last quarter. Asset Dedication LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $28,000. Finally, BTG Pactual Asset Management US LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $31,000.

JPMorgan Equity Premium Income ETF Trading Up 0.5%

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.45 on Wednesday. The firm has a market cap of $43.81 billion, a PE ratio of 23.93 and a beta of 0.60. The stock has a 50 day moving average of $58.36 and a 200 day moving average of $57.44. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.72.

JPMorgan Equity Premium Income ETF Cuts Dividend

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

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.