Goldstone Financial Group LLC Takes $1.90 Million Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Goldstone Financial Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 34,508 shares of the company’s stock, valued at approximately $1,896,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after buying an additional 1,017,261 shares during the period. International Assets Investment Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after buying an additional 3,029,552 shares during the period. Envestnet Asset Management Inc. lifted its holdings in 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 valued at $159,473,000 after buying an additional 174,473 shares in the last quarter. Osaic Holdings Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% in the 1st quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock valued at $129,587,000 after buying an additional 493,420 shares during the period. Finally, RiverFront Investment Group LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock worth $124,476,000 after acquiring an additional 105,765 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.61 on Thursday. The company has a market capitalization of $17.63 billion, a PE ratio of 32.10 and a beta of -0.84. The company has a 50 day moving average price of $54.19 and a 200-day moving average price of $53.91. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $45.62 and a fifty-two week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced 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. This represents a $6.61 dividend on an annualized basis and a yield of 11.89%. The ex-dividend date of this dividend was Tuesday, October 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.