Steele Capital Management Inc. Has $953,000 Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Steele Capital Management Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 49.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,358 shares of the company’s stock after acquiring an additional 5,775 shares during the quarter. Steele Capital Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $953,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Comerica Bank lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after buying an additional 17,500 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $225,000. Raymond James & Associates increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% during the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after buying an additional 303,680 shares during the period. Western Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock worth $798,000 after purchasing an additional 1,893 shares in the last quarter. Finally, US Bancorp DE increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 64.9% during the 1st quarter. US Bancorp DE now owns 11,134 shares of the company’s stock worth $604,000 after acquiring an additional 4,381 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1 %

Shares of NASDAQ:JEPQ opened at $56.21 on Thursday. The firm has a 50 day moving average of $54.96 and a 200-day moving average of $54.29. The stock has a market capitalization of $18.14 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $56.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors 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 dividend on an annualized basis and a yield of 10.54%.

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.