JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 119.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 177,771 shares of the company’s stock after acquiring an additional 96,651 shares during the period. Great Valley Advisor Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,765,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in JEPQ. Flagstar Advisors Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 14.9% during the 3rd quarter. Flagstar Advisors Inc. now owns 33,243 shares of the company’s stock valued at $1,826,000 after buying an additional 4,302 shares during the last quarter. Nwam LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $1,536,000. Concorde Asset Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $211,000. LPL Financial LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after purchasing an additional 837,415 shares during the last quarter. Finally, Steele Capital Management Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 49.9% in the 3rd quarter. Steele Capital Management Inc. now owns 17,358 shares of the company’s stock valued at $953,000 after purchasing an additional 5,775 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $56.57 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $56.78. The company’s 50 day simple moving average is $55.08 and its 200 day simple moving average is $54.32. The company has a market capitalization of $18.25 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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