Cahill Financial Advisors Inc. Buys 981 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Cahill Financial Advisors Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,482 shares of the company’s stock after buying an additional 981 shares during the period. Cahill Financial Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. EP Wealth Advisors LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $342,000. Econ Financial Services Corp bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $711,000. Jane Street Group LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% in the 1st quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock valued at $43,071,000 after buying an additional 783,584 shares in the last quarter. Comerica Bank increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the 1st quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after buying an additional 17,500 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 19.8% during the 1st quarter. Jaffetilchin Investment Partners LLC now owns 17,007 shares of the company’s stock worth $922,000 after buying an additional 2,813 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $56.57 on Friday. The stock has a 50 day simple moving average of $55.13 and a 200 day simple moving average of $54.34. 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 market capitalization of $18.25 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.