JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Fortis Advisors LLC

Fortis Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 48.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,982 shares of the company’s stock after acquiring an additional 2,266 shares during the period. Fortis Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $384,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JEPQ. US Bancorp DE grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 64.9% in the 1st quarter. US Bancorp DE now owns 11,134 shares of the company’s stock worth $604,000 after purchasing an additional 4,381 shares during the last quarter. CreativeOne Wealth LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 94.9% in the first quarter. CreativeOne Wealth LLC now owns 11,779 shares of the company’s stock worth $639,000 after buying an additional 5,735 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth approximately $342,000. Axxcess Wealth Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.9% in the first quarter. Axxcess Wealth Management LLC now owns 51,277 shares of the company’s stock valued at $2,781,000 after buying an additional 5,039 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.8% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 12,509 shares of the company’s stock valued at $678,000 after acquiring an additional 2,565 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6 %

Shares of NASDAQ JEPQ opened at $55.95 on Tuesday. The stock’s fifty day simple moving average is $54.80 and its 200 day simple moving average is $54.24. The stock has a market capitalization of $18.05 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $56.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

About JPMorgan Nasdaq Equity Premium Income ETF

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.