CENTRAL TRUST Co Buys New Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

CENTRAL TRUST Co purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 869 shares of the company’s stock, valued at approximately $48,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Beacon Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $26,000. SJS Investment Consulting Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $56,000. First Command Advisory Services Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $59,000. Finally, WR Wealth Planners LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1,691.5% during the second quarter. WR Wealth Planners LLC now owns 1,272 shares of the company’s stock worth $71,000 after buying an additional 1,201 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $55.40 on Monday. The firm has a fifty day moving average of $54.09 and a 200-day moving average of $53.87. The stock has a market cap of $17.57 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 $44.95 and a 52-week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a $0.551 dividend. This represents a $6.61 annualized dividend and a yield of 11.94%. The ex-dividend date of this dividend was Tuesday, October 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.