Mechanics Bank Trust Department Has $840,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Mechanics Bank Trust Department lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 43.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,290 shares of the company’s stock after purchasing an additional 4,650 shares during the quarter. Mechanics Bank Trust Department’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $840,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in JEPQ. Beacon Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $26,000. SJS Investment Consulting Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $28,000. Global Wealth Strategies & Associates grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after purchasing an additional 200 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $56,000. Finally, First Command Advisory Services Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.86 on Monday. The firm has a market capitalization of $17.11 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The firm’s fifty day moving average price is $53.36 and its two-hundred day moving average price is $53.77. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.95 and a 1-year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 12.05%.

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.