3,478 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Purchased by Costello Asset Management INC

Costello Asset Management INC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 3,478 shares of the company’s stock, valued at approximately $191,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at approximately $25,000. Beacon Capital Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $26,000. SJS Investment Consulting Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $28,000. Hollencrest Capital Management bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $33,000. Finally, CENTRAL TRUST Co bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.54 on Friday. The stock has a market cap of $18.24 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $56.60. The firm’s 50-day simple moving average is $54.41 and its 200 day simple moving average is $54.08.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.4936 dividend. This represents a $5.92 annualized dividend and a dividend yield of 10.48%. The ex-dividend date of this dividend 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.