ERn Financial LLC Acquires 2,822 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

ERn Financial LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 54.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,029 shares of the company’s stock after buying an additional 2,822 shares during the period. ERn Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $441,000 as of its most recent filing with the SEC.

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

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $54.91 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18. The company has a market capitalization of $17.12 billion, a PE ratio of 32.10 and a beta of -0.84. The company has a fifty day moving average of $53.66 and a 200-day moving average of $53.79.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a $0.551 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $6.61 dividend on an annualized basis and a yield of 12.04%.

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.