JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Position Boosted by Blue Investment Partners LLC

Blue Investment Partners LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 35,385 shares of the company’s stock after acquiring an additional 684 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 0.8% of Blue Investment Partners LLC’s holdings, making the stock its 25th largest position. Blue Investment Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,944,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Salomon & Ludwin LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth approximately $25,000. Beacon Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at about $26,000. SJS Investment Consulting Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $28,000. Hollencrest Capital Management acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $33,000. Finally, CENTRAL TRUST Co bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $56.69 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $57.04. The stock has a market capitalization of $18.29 billion, a P/E ratio of 32.10 and a beta of -0.84. The firm’s 50 day moving average is $55.19 and its 200-day moving average is $54.38.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.4936 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 annualized dividend and a dividend yield of 10.45%.

JPMorgan Nasdaq Equity Premium Income ETF 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.