FWG Holdings LLC Has $8.80 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

FWG Holdings LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 158,658 shares of the company’s stock after acquiring an additional 2,827 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 4.4% of FWG Holdings LLC’s holdings, making the stock its 4th largest position. FWG Holdings LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,801,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of JEPQ. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $25,000. Beacon Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $26,000. SJS Investment Consulting Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $28,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $33,000. Finally, CENTRAL TRUST Co purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $55.95 on Tuesday. The stock has a market cap of $18.05 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $56.78. The firm’s fifty day moving average is $54.80 and its 200 day moving average is $54.24.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.4936 dividend. This represents a $5.92 annualized dividend and a yield of 10.59%. The ex-dividend date of this dividend was Friday, November 1st.

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.