Thrivent Financial for Lutherans Has $2.16 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Thrivent Financial for Lutherans increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 39,248 shares of the company’s stock after acquiring an additional 10,360 shares during the period. Thrivent Financial for Lutherans’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,156,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in JEPQ. Turtle Creek Wealth Advisors LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $215,000. Vishria Bird Financial Group LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $294,000. Sheaff Brock Investment Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.5% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 13,906 shares of the company’s stock valued at $764,000 after buying an additional 725 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.7% during the third quarter. Signature Estate & Investment Advisors LLC now owns 521,546 shares of the company’s stock valued at $28,648,000 after buying an additional 122,446 shares during the last quarter. Finally, Lifeworks Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.0% during the third quarter. Lifeworks Advisors LLC now owns 7,985 shares of the company’s stock valued at $439,000 after buying an additional 1,700 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.5 %

Shares of NASDAQ:JEPQ opened at $56.68 on Thursday. The stock has a market cap of $18.29 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $57.04. The business’s 50 day moving average is $55.32 and its 200 day moving average is $54.42.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.4936 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a yield of 10.45%.

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.