Fortis Advisors LLC Has $384,000 Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Fortis Advisors LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 48.0% in the third quarter, Holdings Channel.com reports. The firm owned 6,982 shares of the company’s stock after purchasing an additional 2,266 shares during the period. Fortis Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $384,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of JEPQ. LPL Financial LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after purchasing an additional 1,017,261 shares in the last quarter. International Assets Investment Management LLC lifted its stake in 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 valued at $169,078,000 after acquiring an additional 3,029,552 shares during the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after acquiring an additional 174,473 shares in the last quarter. RiverFront Investment Group LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock worth $124,476,000 after purchasing an additional 105,765 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock valued at $99,637,000 after purchasing an additional 292,808 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6 %

Shares of NASDAQ:JEPQ opened at $55.95 on Tuesday. The stock has a market capitalization of $18.05 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $56.78. The firm has a fifty day moving average price of $54.80 and a 200 day moving average price of $54.24.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.4936 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 annualized dividend and a dividend yield of 10.59%.

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.