JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 79.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,714 shares of the company’s stock after selling 391,634 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,650,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Hamilton Capital LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $72,373,000. RiverFront Investment Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 42.1% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,903,847 shares of the company’s stock valued at $165,084,000 after purchasing an additional 859,879 shares in the last quarter. Tcfg Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF by 3,843.5% in the third quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after purchasing an additional 810,739 shares during the period. Bank of America Corp DE raised its position in JPMorgan Equity Premium Income ETF by 2.1% in the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after purchasing an additional 690,960 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 9.9% during the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after purchasing an additional 636,586 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.09 on Monday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.90. The company has a market capitalization of $41.34 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The business has a 50-day moving average of $58.51 and a 200-day moving average of $57.61.

JPMorgan Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.3513 per share. This is a boost from JPMorgan Equity Premium Income ETF’s previous monthly dividend of $0.34. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 7.5%.

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.