Prime Capital Investment Advisors LLC Boosts Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Prime Capital Investment Advisors LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 357,569 shares of the company’s stock after purchasing an additional 3,273 shares during the period. Prime Capital Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $19,641,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. Comerica Bank boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% during the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after buying an additional 17,500 shares during the period. Cornerstone Wealth Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $225,000. Raymond James & Associates boosted its holdings in shares of 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 worth $64,497,000 after purchasing an additional 303,680 shares during the period. Western Wealth Management LLC increased its stake in shares of 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 purchasing an additional 1,893 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 64.9% during the first quarter. US Bancorp DE now owns 11,134 shares of the company’s stock valued at $604,000 after purchasing an additional 4,381 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ traded up $0.09 on Tuesday, hitting $56.65. 411,215 shares of the stock traded hands, compared to its average volume of 2,859,780. The company has a market capitalization of $18.28 billion, a PE ratio of 32.10 and a beta of -0.84. The business has a 50 day simple moving average of $54.46 and a 200 day simple moving average of $54.12. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $56.66.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.4936 per share. This represents a $5.92 annualized dividend and a dividend yield of 10.46%. The ex-dividend date was Friday, November 1st.

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.