US Bancorp DE Buys 6,952 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

US Bancorp DE boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 45.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 22,147 shares of the company’s stock after acquiring an additional 6,952 shares during the period. US Bancorp DE’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,217,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JEPQ. Salomon & Ludwin LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $25,000. Beacon Capital Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $26,000. SJS Investment Consulting Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $28,000. CENTRAL TRUST Co acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $48,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $56.43 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $56.45. The business’s 50 day moving average price is $54.36 and its two-hundred day moving average price is $54.03. The firm has a market cap of $18.21 billion, a PE 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 annualized dividend and a yield of 10.50%. The ex-dividend date of this dividend was Friday, November 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.