Mirae Asset Global Investments Co. Ltd. Lowers Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Mirae Asset Global Investments Co. Ltd. lessened its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 45.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,000 shares of the company’s stock after selling 6,600 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $438,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Heritage Oak Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $2,748,000. Silver Oak Securities Incorporated raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.6% in the 3rd quarter. Silver Oak Securities Incorporated now owns 62,148 shares of the company’s stock valued at $3,406,000 after acquiring an additional 9,760 shares during the period. Ergawealth Advisors Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 29.7% in the 3rd quarter. Ergawealth Advisors Inc. now owns 62,918 shares of the company’s stock worth $3,456,000 after acquiring an additional 14,413 shares during the last quarter. Global Trust Asset Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.8% during the 3rd quarter. Global Trust Asset Management LLC now owns 3,615 shares of the company’s stock worth $199,000 after purchasing an additional 520 shares during the period. Finally, Cambridge Advisors Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.2% in the 3rd quarter. Cambridge Advisors Inc. now owns 154,152 shares of the company’s stock valued at $8,468,000 after purchasing an additional 9,010 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6 %

NASDAQ:JEPQ opened at $54.44 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $46.83 and a 52 week high of $56.18. The stock’s fifty day moving average is $54.22 and its two-hundred day moving average is $53.94. The stock has a market capitalization of $17.49 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be paid a $0.4936 dividend. This represents a $5.92 annualized dividend and a dividend yield of 10.88%. The ex-dividend date of this dividend is 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.