PDS Planning Inc Raises Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

PDS Planning Inc lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 22.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,688 shares of the company’s stock after purchasing an additional 6,645 shares during the period. PDS Planning Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,015,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $25,000. Beacon Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $26,000. SJS Investment Consulting Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $28,000. CENTRAL TRUST Co purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $48,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ traded up $0.01 during trading on Monday, hitting $54.45. The stock had a trading volume of 679,215 shares, compared to its average volume of 2,844,454. The firm has a market capitalization of $17.49 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.53 and a twelve month high of $56.18. The company’s 50-day moving average price is $54.22 and its 200 day moving average price is $53.95.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be given a $0.4936 dividend. The ex-dividend date is Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a yield of 10.88%.

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.