Lido Advisors LLC Purchases 106,359 Shares of JPMorgan Equity Premium Income ETF $JEPI

Lido Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 394,940 shares of the company’s stock after buying an additional 106,359 shares during the quarter. Lido Advisors LLC owned 0.06% of JPMorgan Equity Premium Income ETF worth $22,551,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hurley Capital LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.0% in the 3rd quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock valued at $519,000 after acquiring an additional 177 shares in the last quarter. BOS Asset Management LLC increased its holdings in shares of 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 worth $298,000 after purchasing an additional 178 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 0.9% in the third quarter. Bessemer Group Inc. now owns 20,292 shares of the company’s stock worth $1,159,000 after purchasing an additional 185 shares during the last quarter. Comprehensive Money Management Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 3.6% in the third quarter. Comprehensive Money Management Services LLC now owns 5,428 shares of the company’s stock worth $310,000 after purchasing an additional 188 shares during the last quarter. Finally, Global Financial Private Client LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.7% during the third quarter. Global Financial Private Client LLC now owns 5,317 shares of the company’s stock valued at $304,000 after purchasing an additional 189 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $57.59 on Tuesday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.90. The stock has a market capitalization of $42.44 billion, a PE ratio of 23.93 and a beta of 0.60. The business’s fifty day moving average is $58.61 and its 200 day moving average is $57.61.

JPMorgan Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.3513 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 7.3%. This is an increase from JPMorgan Equity Premium Income ETF’s previous monthly dividend of $0.34.

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.