Oxinas Partners Wealth Management LLC Buys 8,647 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Oxinas Partners Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 38.4% in the third quarter, HoldingsChannel reports. The firm owned 31,156 shares of the company’s stock after acquiring an additional 8,647 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.0% of Oxinas Partners Wealth Management LLC’s holdings, making the stock its 26th largest holding. Oxinas Partners Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,711,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the 2nd quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock worth $400,539,000 after purchasing an additional 1,017,261 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after acquiring an additional 174,473 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the 1st quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock valued at $129,587,000 after acquiring an additional 493,420 shares during the period. RiverFront Investment Group LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after acquiring an additional 105,765 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock worth $99,637,000 after purchasing an additional 292,808 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.5 %

NASDAQ JEPQ traded down $0.25 on Tuesday, hitting $54.84. 2,897,785 shares of the company traded hands, compared to its average volume of 2,828,299. The business’s 50 day moving average price is $53.47 and its 200-day moving average price is $53.78. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18. The company has a market capitalization of $17.10 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a dividend of $0.551 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 dividend on an annualized basis and a dividend yield of 12.06%.

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.