Montecito Bank & Trust Buys 1,660 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Montecito Bank & Trust grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 24.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,540 shares of the company’s stock after acquiring an additional 1,660 shares during the quarter. Montecito Bank & Trust’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $469,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Cozad Asset Management Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 25.3% during the 3rd quarter. Cozad Asset Management Inc. now owns 7,414 shares of the company’s stock valued at $407,000 after acquiring an additional 1,495 shares during the last quarter. Ironsides Asset Advisors LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $755,000. Walkner Condon Financial Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 13.1% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 19,320 shares of the company’s stock worth $1,061,000 after purchasing an additional 2,244 shares during the period. Socha Financial Group LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 3rd quarter. Socha Financial Group LLC now owns 425,324 shares of the company’s stock worth $23,363,000 after purchasing an additional 17,985 shares during the period. Finally, Armor Investment Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $5,755,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.43 on Friday. The business’s 50 day simple moving average is $54.36 and its two-hundred day simple moving average is $54.03. The stock has a market capitalization of $18.21 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $56.45.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.4936 dividend. The ex-dividend date was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a yield of 10.50%.

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.