Integrated Advisors Network LLC Has $17.88 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Integrated Advisors Network LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 313,164 shares of the company’s stock after purchasing an additional 31,268 shares during the period. JPMorgan Equity Premium Income ETF comprises 0.8% of Integrated Advisors Network LLC’s holdings, making the stock its 22nd largest position. Integrated Advisors Network LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $17,882,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Hurley Capital LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the third quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock worth $519,000 after buying an additional 177 shares during the period. BOS Asset Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 3.5% in the 3rd quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock valued at $298,000 after acquiring an additional 178 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 9.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after acquiring an additional 183 shares in the last quarter. Bessemer Group Inc. boosted its position in JPMorgan Equity Premium Income ETF by 0.9% during the 3rd quarter. Bessemer Group Inc. now owns 20,292 shares of the company’s stock worth $1,159,000 after acquiring an additional 185 shares during the last quarter. Finally, Comprehensive Money Management Services LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 3.6% during the 3rd quarter. Comprehensive Money Management Services LLC now owns 5,428 shares of the company’s stock worth $310,000 after acquiring an additional 188 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

NYSEARCA JEPI opened at $59.59 on Friday. The firm’s 50 day moving average is $58.45 and its 200-day moving average is $57.47. The company has a market capitalization of $43.92 billion, a PE ratio of 23.93 and a beta of 0.60. 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 firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.3444 dividend. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date was Monday, February 2nd.

JPMorgan Equity Premium Income ETF 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.