50,020 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Bought by Heritage Oak Wealth Advisors LLC

Heritage Oak Wealth Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 50,020 shares of the company’s stock, valued at approximately $2,748,000. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.3% of Heritage Oak Wealth Advisors LLC’s holdings, making the stock its 20th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the 2nd quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after purchasing an additional 1,017,261 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after buying an additional 3,029,552 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after buying an additional 174,473 shares during the period. Osaic Holdings Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the first quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock valued at $129,587,000 after buying an additional 493,420 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after acquiring an additional 105,765 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $55.25 on Friday. The stock has a 50-day moving average of $54.05 and a two-hundred day moving average of $53.86. The stock has a market cap of $17.44 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.95 and a one year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were issued a dividend of $0.551 per share. This represents a $6.61 dividend on an annualized basis and a dividend yield of 11.97%. The ex-dividend date of this dividend was Tuesday, October 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.