JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Purchased by Flagstar Advisors Inc.

Flagstar Advisors Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,243 shares of the company’s stock after buying an additional 4,302 shares during the quarter. Flagstar Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPQ. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $25,000. Beacon Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $26,000. SJS Investment Consulting Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $28,000. Hollencrest Capital Management purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $33,000. Finally, CENTRAL TRUST Co acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

JEPQ stock opened at $56.57 on Friday. The stock has a market capitalization of $18.25 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $56.78. The firm has a 50-day simple moving average of $55.08 and a 200-day simple moving average of $54.32.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.4936 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.47%.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.