Richard W. Paul & Associates LLC Has $1.98 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Richard W. Paul & Associates LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 36,053 shares of the company’s stock after buying an additional 806 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up 0.7% of Richard W. Paul & Associates LLC’s portfolio, making the stock its 29th largest position. Richard W. Paul & Associates LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,980,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Global Assets Advisory LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $60,320,000. LPL Financial LLC lifted its position in 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 valued at $400,539,000 after acquiring an additional 1,017,261 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% in the 2nd quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock valued at $518,000 after acquiring an additional 922,558 shares in the last quarter. Cetera Investment Advisers lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 550.6% in the 1st quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock valued at $57,049,000 after acquiring an additional 890,120 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in 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 acquiring an additional 783,584 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.5 %

JEPQ opened at $55.27 on Friday. The firm’s fifty day simple moving average is $53.82 and its 200 day simple moving average is $53.81. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18. The stock has a market capitalization of $17.24 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.551 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 11.96%.

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.