4,100 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Purchased by Cadence Bank

Cadence Bank purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, Holdings Channel reports. The firm purchased 4,100 shares of the company’s stock, valued at approximately $225,000.

A number of other institutional investors and hedge funds also recently modified their holdings of JEPQ. Comerica Bank boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after acquiring an additional 17,500 shares during the last quarter. Cornerstone Wealth Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $225,000. Raymond James & Associates increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% during the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after purchasing an additional 303,680 shares in the last quarter. Western Wealth Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% during the second quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock worth $798,000 after buying an additional 1,893 shares during the period. Finally, Capital Investment Advisors LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $582,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.5 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.68 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $57.04. The stock has a market cap of $18.29 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The company has a fifty day moving average price of $55.37 and a 200 day moving average price of $54.44.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.4936 dividend. This represents a $5.92 annualized dividend and a dividend yield of 10.45%. The ex-dividend date was Friday, November 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.