JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Purchased by Lifestyle Asset Management Inc.

Lifestyle Asset Management Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 58,159 shares of the company’s stock after purchasing an additional 217 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 1.8% of Lifestyle Asset Management Inc.’s holdings, making the stock its 9th biggest position. Lifestyle Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,195,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Salomon & Ludwin LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $25,000. Beacon Capital Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $26,000. SJS Investment Consulting Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $28,000. CENTRAL TRUST Co acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $48,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $56.43 on Friday. The company has a 50-day simple moving average of $54.36 and a 200-day simple moving average of $54.03. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $56.45. The firm has a market capitalization of $18.21 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.4936 per share. This represents a $5.92 annualized dividend and a dividend yield of 10.50%. The ex-dividend date was Friday, November 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.