JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 62,918 shares of the company’s stock after purchasing an additional 14,413 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.7% of Ergawealth Advisors Inc.’s investment portfolio, making the stock its 16th biggest holding. Ergawealth Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,456,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Beacon Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $28,000. CENTRAL TRUST Co purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $48,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at approximately $56,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.25 on Friday. The stock has a market cap of $17.44 billion, a PE ratio of 32.10 and a beta of -0.84. The firm has a fifty day moving average price of $54.05 and a 200 day moving average price of $53.86. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.95 and a 1 year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.551 per share. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 dividend on an annualized basis and a dividend yield of 11.97%.

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.