Signature Estate & Investment Advisors LLC Purchases 122,446 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Signature Estate & Investment Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 30.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 521,546 shares of the company’s stock after buying an additional 122,446 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $28,648,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $25,000. Beacon Capital Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $26,000. SJS Investment Consulting Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $28,000. Hollencrest Capital Management bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $33,000. Finally, CENTRAL TRUST Co bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.2 %

NASDAQ:JEPQ opened at $56.53 on Friday. The company has a market cap of $18.24 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $56.78. The company has a 50 day simple moving average of $54.63 and a two-hundred day simple moving average of $54.17.

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 given a dividend of $0.4936 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.48%. 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.