Onyx Bridge Wealth Group LLC Has $2.71 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Onyx Bridge Wealth Group LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 22.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,361 shares of the company’s stock after acquiring an additional 9,022 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,711,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Global Assets Advisory LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $60,320,000. LPL Financial LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the 2nd quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after purchasing an additional 1,017,261 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% in the second quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock worth $518,000 after buying an additional 922,558 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 550.6% during the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock valued at $57,049,000 after purchasing an additional 890,120 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% during the first quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock valued at $43,071,000 after purchasing an additional 783,584 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1 %

NASDAQ:JEPQ opened at $54.99 on Friday. The company’s 50 day moving average price is $53.74 and its 200-day moving average price is $53.80. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $56.18. The stock has a market cap of $17.15 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 12.02%.

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.