JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Purchased by Planning Directions Inc.

Planning Directions Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.3% in the third quarter, HoldingsChannel.com reports. The firm owned 24,763 shares of the company’s stock after buying an additional 3,102 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 0.8% of Planning Directions Inc.’s investment portfolio, making the stock its 23rd largest holding. Planning Directions Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,360,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $25,000. Beacon Capital Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $26,000. SJS Investment Consulting Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $28,000. Hollencrest Capital Management acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $33,000. Finally, CENTRAL TRUST Co purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.6 %

JEPQ stock opened at $55.61 on Monday. The company has a market capitalization of $17.94 billion, a P/E ratio of 32.10 and a beta of -0.84. The business has a 50 day simple moving average of $54.80 and a 200-day simple moving average of $54.22. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $56.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm 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 of this dividend was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.65%.

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.