Fountainhead AM LLC Purchases Shares of 4,652 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Fountainhead AM LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,652 shares of the company’s stock, valued at approximately $256,000.

A number of other hedge funds have also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth about $772,000. Concurrent Investment Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $922,000. US Bancorp DE increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 64.9% in the first quarter. US Bancorp DE now owns 11,134 shares of the company’s stock valued at $604,000 after buying an additional 4,381 shares in the last quarter. Avantax Advisory Services Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 580.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 88,842 shares of the company’s stock worth $4,819,000 after buying an additional 75,794 shares during the period. Finally, Sheets Smith Wealth Management lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.7% during the 1st quarter. Sheets Smith Wealth Management now owns 12,770 shares of the company’s stock valued at $693,000 after buying an additional 450 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.0 %

JEPQ stock opened at $56.56 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $56.63. The firm has a 50-day simple moving average of $54.41 and a 200-day simple moving average of $54.09. 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 Cuts Dividend

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