Oppenheimer & Co. Inc. Purchases 25,957 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Oppenheimer & Co. Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 114.9% during the third quarter, Holdings Channel reports. The institutional investor owned 48,549 shares of the company’s stock after acquiring an additional 25,957 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,667,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $25,000. Beacon Capital Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $26,000. SJS Investment Consulting Inc. purchased a new position 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 third quarter worth $33,000. Finally, CENTRAL TRUST Co purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.6 %

Shares of NASDAQ:JEPQ opened at $55.61 on Friday. The stock has a market capitalization of $17.94 billion, a PE ratio of 32.10 and a beta of -0.84. The firm’s 50 day moving average price is $54.80 and its 200-day moving average price is $54.20. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $56.78.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.4936 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 annualized dividend and a dividend yield of 10.65%.

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.