Kingsview Wealth Management LLC Grows Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kingsview Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 97,725 shares of the company’s stock after purchasing an additional 8,437 shares during the quarter. Kingsview Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,368,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of JEPQ. Salomon & Ludwin LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $25,000. Beacon Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $26,000. SJS Investment Consulting Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $28,000. Hollencrest Capital Management purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $33,000. Finally, CENTRAL TRUST Co purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPQ stock opened at $56.57 on Friday. The stock has a market cap of $18.25 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $56.78. The company’s fifty day simple moving average is $55.13 and its two-hundred day simple moving average is $54.34.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given 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 of this dividend 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.