JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Sigma Planning Corp

Sigma Planning Corp decreased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 190,072 shares of the company’s stock after selling 14,882 shares during the quarter. Sigma Planning Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $10,853,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of JEPI. GHP Investment Advisors Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $25,000. Clarity Asset Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. Pin Oak Investment Advisors Inc. lifted its position 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 valued at $28,000 after acquiring an additional 212 shares in the last quarter. Asset Dedication LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth approximately $28,000. Finally, BTG Pactual Asset Management US LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth approximately $31,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $59.49 on Friday. The business has a fifty day moving average price of $58.29 and a 200 day moving average price of $57.39. The company has a market cap of $43.84 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.72.

JPMorgan Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.3444 per share. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend 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.