CVA Family Office LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

CVA Family Office LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 18.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,524 shares of the company’s stock after purchasing an additional 1,605 shares during the quarter. CVA Family Office LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Comerica Bank raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after purchasing an additional 17,500 shares in the last quarter. Concourse Financial Group Securities Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the first quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock valued at $367,000 after acquiring an additional 285 shares during the last quarter. Raymond James & Associates grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% during the second quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock valued at $64,497,000 after acquiring an additional 303,680 shares during the last quarter. Western Wealth Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% during the second quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after acquiring an additional 1,893 shares during the last quarter. Finally, SteelPeak Wealth LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at approximately $382,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ traded up $0.10 on Friday, reaching $54.86. 2,335,616 shares of the company’s stock traded hands, compared to its average volume of 2,825,344. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18. The stock has a 50-day simple moving average of $53.36 and a 200 day simple moving average of $53.78. The stock has a market cap of $17.11 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a $0.551 dividend. This represents a $6.61 annualized dividend and a dividend yield of 12.05%. The ex-dividend date was Tuesday, October 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.