Graypoint LLC Trims Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Graypoint LLC decreased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 266,332 shares of the company’s stock after selling 9,351 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 0.9% of Graypoint LLC’s investment portfolio, making the stock its 24th biggest position. Graypoint LLC owned approximately 0.08% of JPMorgan Nasdaq Equity Premium Income ETF worth $14,630,000 at the end of the most recent reporting period.

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

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.96 on Thursday. The company has a market capitalization of $18.05 billion, a PE ratio of 32.10 and a beta of -0.84. The company has a 50-day simple moving average of $54.30 and a two-hundred day simple moving average of $54.01. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.