Larson Financial Group LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Larson Financial Group LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 817.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 40,292 shares of the company’s stock after buying an additional 35,899 shares during the quarter. Larson Financial Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,213,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% in the first quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock valued at $43,071,000 after buying an additional 783,584 shares during the last quarter. Comerica Bank raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after buying an additional 17,500 shares during the last quarter. Jaffetilchin Investment Partners LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.8% in the first quarter. Jaffetilchin Investment Partners LLC now owns 17,007 shares of the company’s stock valued at $922,000 after buying an additional 2,813 shares during the last quarter. LRI Investments LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at about $1,231,000. Finally, Cetera Investment Advisers raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 550.6% in the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock valued at $57,049,000 after buying an additional 890,120 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

Shares of NASDAQ JEPQ opened at $56.57 on Monday. The firm has a 50-day simple moving average of $55.13 and a 200-day simple moving average of $54.36. The stock has a market capitalization of $18.25 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 $47.67 and a 52 week high of $56.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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