Shepherd Kaplan Krochuk LLC Has $3.30 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Shepherd Kaplan Krochuk LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 47.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 57,823 shares of the company’s stock after buying an additional 18,623 shares during the period. JPMorgan Equity Premium Income ETF makes up 2.7% of Shepherd Kaplan Krochuk LLC’s portfolio, making the stock its 13th largest position. Shepherd Kaplan Krochuk LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,302,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Tepp RIA LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $364,000. Nicolet Advisory Services LLC grew its stake in JPMorgan Equity Premium Income ETF by 8.5% in the third quarter. Nicolet Advisory Services LLC now owns 5,742 shares of the company’s stock valued at $327,000 after acquiring an additional 452 shares during the period. Ring Mountain Capital LLC grew its stake in JPMorgan Equity Premium Income ETF by 3.5% in the third quarter. Ring Mountain Capital LLC now owns 41,630 shares of the company’s stock valued at $2,377,000 after acquiring an additional 1,420 shares during the period. Boston Partners bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $4,535,000. Finally, BTG Pactual Asset Management US LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 503.5% during the third quarter. BTG Pactual Asset Management US LLC now owns 3,259 shares of the company’s stock worth $185,000 after purchasing an additional 2,719 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $57.09 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.90. The stock has a market capitalization of $42.07 billion, a PE ratio of 23.93 and a beta of 0.60. The business’s 50-day simple moving average is $58.61 and its 200-day simple moving average is $57.60.

JPMorgan Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.3513 dividend. This represents a c) annualized dividend and a dividend yield of 7.4%. This is a boost from JPMorgan Equity Premium Income ETF’s previous monthly dividend of $0.34. The ex-dividend date was Monday, March 2nd.

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.