4,880 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Bought by XML Financial LLC

XML Financial LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the third quarter, HoldingsChannel.com reports. The fund purchased 4,880 shares of the company’s stock, valued at approximately $268,000.

A number of other institutional investors also recently bought and sold shares of JEPQ. Comerica Bank grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% during the 1st quarter. Comerica Bank now owns 75,489 shares of the company’s stock worth $4,095,000 after buying an additional 17,500 shares during the last quarter. Cornerstone Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $225,000. Raymond James & Associates raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock valued at $64,497,000 after purchasing an additional 303,680 shares during the last quarter. Western Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% during the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock worth $798,000 after purchasing an additional 1,893 shares during the period. Finally, US Bancorp DE grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 64.9% during 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.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $56.56 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $56.63. The stock has a market capitalization of $18.25 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The company has a 50-day simple moving average of $54.41 and a 200-day simple moving average of $54.09.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.4936 per share. This represents a $5.92 annualized dividend and a yield of 10.47%. 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.