Prime Capital Investment Advisors LLC Buys 3,273 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Prime Capital Investment Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 357,569 shares of the company’s stock after acquiring an additional 3,273 shares during the quarter. Prime Capital Investment Advisors LLC owned approximately 0.11% of JPMorgan Nasdaq Equity Premium Income ETF worth $19,641,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of JEPQ. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $25,000. Beacon Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $28,000. Hollencrest Capital Management acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $33,000. Finally, CENTRAL TRUST Co acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

JEPQ traded up $0.09 during midday trading on Tuesday, hitting $56.65. 411,215 shares of the company were exchanged, compared to its average volume of 2,859,780. The firm has a market capitalization of $18.28 billion, a P/E 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 $56.66. The firm’s 50 day moving average price is $54.46 and its 200-day moving average price is $54.12.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.4936 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 10.46%. The ex-dividend date of this dividend was Friday, November 1st.

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.