Private Trust Co. NA Purchases 500 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Private Trust Co. NA grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,047 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Private Trust Co. NA’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $332,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $25,000. Beacon Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $26,000. SJS Investment Consulting Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $28,000. Hollencrest Capital Management bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $33,000. Finally, CENTRAL TRUST Co acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $56.68 on Thursday. The firm’s 50 day simple moving average is $55.32 and its 200 day simple moving average is $54.42. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $57.04. The company has a market capitalization of $18.29 billion, a price-to-earnings 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 Tuesday, November 5th. Shareholders 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 annualized dividend and a yield of 10.45%.

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.