Kapstone Financial Advisors LLC Boosts Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kapstone Financial Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 20.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,525 shares of the company’s stock after buying an additional 778 shares during the period. Kapstone Financial Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $248,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the 2nd quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock worth $400,539,000 after acquiring an additional 1,017,261 shares during the last quarter. International Assets Investment Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after purchasing an additional 3,029,552 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after purchasing an additional 174,473 shares during the last quarter. Osaic Holdings Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the first quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock valued at $129,587,000 after buying an additional 493,420 shares during the period. Finally, RiverFront Investment Group LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the second quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after buying an additional 105,765 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock traded down $0.05 during trading on Thursday, hitting $56.60. 466,606 shares of the company traded hands, compared to its average volume of 2,864,708. The company has a 50-day moving average of $54.54 and a 200-day moving average of $54.15. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $56.78. The firm has a market capitalization of $18.26 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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