Means Investment CO. Inc. Buys 1,364 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Means Investment CO. Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,088 shares of the company’s stock after acquiring an additional 1,364 shares during the quarter. Means Investment CO. Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $774,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Etesian Wealth Advisors Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.5% during the third quarter. Etesian Wealth Advisors Inc. now owns 14,198 shares of the company’s stock worth $780,000 after acquiring an additional 3,399 shares during the last quarter. Clarity Wealth Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 5.4% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 33,264 shares of the company’s stock worth $1,827,000 after buying an additional 1,718 shares during the last quarter. Cobblestone Asset Management LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.5% during the third quarter. Cobblestone Asset Management LLC now owns 111,495 shares of the company’s stock valued at $6,124,000 after purchasing an additional 7,746 shares during the period. Capital Investment Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 174.1% in the third quarter. Capital Investment Advisors LLC now owns 28,749 shares of the company’s stock valued at $1,579,000 after purchasing an additional 18,261 shares during the last quarter. Finally, Precedent Wealth Partners LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 105.1% in the third quarter. Precedent Wealth Partners LLC now owns 20,190 shares of the company’s stock worth $1,109,000 after buying an additional 10,346 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.5 %

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.27 on Friday. The stock’s 50 day simple moving average is $53.82 and its two-hundred day simple moving average is $53.81. The firm has a market cap of $17.34 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 annualized dividend and a dividend yield of 11.96%.

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.