ERn Financial LLC Buys 2,822 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

ERn Financial LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 54.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,029 shares of the company’s stock after purchasing an additional 2,822 shares during the period. ERn Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $441,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Beacon Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $26,000. SJS Investment Consulting Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $56,000. First Command Advisory Services Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at $59,000. Finally, WR Wealth Planners LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,691.5% during the second quarter. WR Wealth Planners LLC now owns 1,272 shares of the company’s stock worth $71,000 after acquiring an additional 1,201 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $54.91 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18. The stock has a market cap of $17.12 billion, a PE ratio of 32.10 and a beta of -0.84. The stock has a fifty day moving average of $53.66 and a 200-day moving average of $53.79.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a dividend of $0.551 per share. This represents a $6.61 annualized dividend and a dividend yield of 12.04%. The ex-dividend date 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.