JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Purchased by Kennedy Investment Group

Kennedy Investment Group raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,145 shares of the company’s stock after buying an additional 10,000 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises about 2.1% of Kennedy Investment Group’s holdings, making the stock its 12th largest position. Kennedy Investment Group’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,567,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Beacon Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $26,000. SJS Investment Consulting Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $28,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $56,000. First Command Advisory Services Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $59,000. Finally, WR Wealth Planners LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 1,691.5% in the 2nd quarter. WR Wealth Planners LLC now owns 1,272 shares of the company’s stock valued at $71,000 after purchasing an additional 1,201 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.03 during midday trading on Monday, hitting $55.30. 2,248,785 shares of the company’s stock were exchanged, compared to its average volume of 2,817,736. The stock has a market cap of $17.35 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 $44.95 and a 12-month high of $56.18. The firm’s 50 day simple moving average is $53.82 and its 200 day simple moving average is $53.81.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

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

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.