LPL Financial LLC Purchases 837,415 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

LPL Financial LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,054,339 shares of the company’s stock after buying an additional 837,415 shares during the quarter. LPL Financial LLC owned about 2.50% of JPMorgan Nasdaq Equity Premium Income ETF worth $442,425,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $25,000. Beacon Capital Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at approximately $28,000. Hollencrest Capital Management acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $33,000. Finally, CENTRAL TRUST Co bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1 %

Shares of JEPQ stock opened at $56.21 on Thursday. The stock has a 50 day moving average of $55.02 and a 200-day moving average of $54.31. The firm has a market cap 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 declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.4936 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 10.54%. The ex-dividend date 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.