PSI Advisors LLC Increases Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

PSI Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 21.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 299,591 shares of the company’s stock after acquiring an additional 52,210 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up about 4.8% of PSI Advisors LLC’s investment portfolio, making the stock its 3rd largest position. PSI Advisors LLC owned approximately 0.10% of JPMorgan Nasdaq Equity Premium Income ETF worth $16,457,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. CENTRAL TRUST Co acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $48,000. Hennion & Walsh Asset Management Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.9% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 87,325 shares of the company’s stock worth $4,797,000 after buying an additional 13,260 shares during the period. Global Assets Advisory LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $1,461,000. BTS Asset Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $284,000. Finally, International Assets Investment Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after purchasing an additional 3,029,552 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.14 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18. The company has a market capitalization of $17.40 billion, a PE ratio of 32.10 and a beta of -0.84. The stock’s fifty day simple moving average is $54.01 and its 200 day simple moving average is $53.85.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a dividend yield of 11.99%.

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.