JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,036 shares of the company’s stock after buying an additional 648 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.4% of Prosperity Financial Group Inc.’s holdings, making the stock its 21st biggest holding. Prosperity Financial Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,474,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Comerica Bank lifted its stake in shares of 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 worth $4,095,000 after acquiring an additional 17,500 shares in the last quarter. Cornerstone Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $225,000. Raymond James & Associates boosted its stake in shares of 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 valued at $64,497,000 after buying an additional 303,680 shares during the last quarter. Western Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.2% during the second quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock worth $798,000 after buying an additional 1,893 shares in the last quarter. Finally, Capital Investment Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $582,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $56.57 on Monday. The stock has a market capitalization of $18.25 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. The firm’s fifty day moving average price is $55.13 and its 200 day moving average price is $54.36.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared 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. The ex-dividend date was Friday, November 1st. This represents a $5.92 annualized dividend and a dividend yield of 10.47%.

About JPMorgan Nasdaq Equity Premium Income ETF

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.