605 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Bought by Hollencrest Capital Management

Hollencrest Capital Management purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 605 shares of the company’s stock, valued at approximately $33,000.

Other large investors also recently modified their holdings of the company. Comerica Bank increased its position in shares of 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 acquiring an additional 17,500 shares during the last quarter. Cornerstone Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $225,000. Raymond James & Associates raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 35.4% during the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after purchasing an additional 303,680 shares in the last quarter. Western Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after buying an additional 1,893 shares during the last quarter. Finally, US Bancorp DE grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 64.9% in the first quarter. US Bancorp DE now owns 11,134 shares of the company’s stock valued at $604,000 after buying an additional 4,381 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

Shares of JEPQ opened at $56.54 on Friday. The company has a market cap of $18.24 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The company’s fifty day simple moving average is $54.41 and its 200 day simple moving average is $54.08. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $56.60.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.4936 dividend. The ex-dividend date was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.48%.

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.