Intrepid Financial Planning Group LLC Raises Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Intrepid Financial Planning Group LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 139.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 40,288 shares of the company’s stock after purchasing an additional 23,430 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.9% of Intrepid Financial Planning Group LLC’s holdings, making the stock its 25th largest holding. Intrepid Financial Planning Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,213,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after buying an additional 3,029,552 shares during the last quarter. LPL Financial LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the 2nd quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock worth $400,539,000 after acquiring an additional 1,017,261 shares during the period. Strategic Financial Concepts LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock valued at $518,000 after purchasing an additional 922,558 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 550.6% in the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock valued at $57,049,000 after purchasing an additional 890,120 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% in the first quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock worth $43,071,000 after purchasing an additional 783,584 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.0 %

Shares of NASDAQ JEPQ opened at $56.56 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $56.63. The business’s 50 day moving average price is $54.46 and its 200 day moving average price is $54.12. The firm has a market cap of $18.25 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.4936 dividend. This represents a $5.92 annualized dividend and a dividend yield of 10.47%. The ex-dividend date was Friday, November 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.