JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 929,559 shares of the company’s stock after purchasing an additional 58,487 shares during the period. Janney Montgomery Scott LLC owned approximately 0.29% of JPMorgan Nasdaq Equity Premium Income ETF worth $51,061,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Salomon & Ludwin LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $25,000. Beacon Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $26,000. SJS Investment Consulting Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $28,000. CENTRAL TRUST Co purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at approximately $48,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $54.44 on Monday. The company’s fifty day moving average price is $54.22 and its two-hundred day moving average price is $53.95. The company has a market capitalization of $17.49 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $46.83 and a 12 month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be paid a dividend of $0.4936 per share. This represents a $5.92 annualized dividend and a yield of 10.88%. The ex-dividend date is Friday, November 1st.

JPMorgan Nasdaq Equity Premium Income ETF Profile

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.