Fountainhead AM LLC Acquires New Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Fountainhead AM LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,652 shares of the company’s stock, valued at approximately $256,000.

A number of other institutional investors have also made changes to their positions in JEPQ. Aurora Private Wealth Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.7% during the second quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock worth $292,000 after purchasing an additional 189 shares in the last quarter. Lifestyle Asset Management Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the 3rd quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock worth $3,195,000 after buying an additional 217 shares during the period. Main Street Financial Solutions LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 2nd quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after buying an additional 224 shares in the last quarter. Greenwich Wealth Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the 3rd quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock valued at $1,288,000 after buying an additional 232 shares during the period. Finally, Security National Bank grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the second quarter. Security National Bank now owns 2,596 shares of the company’s stock worth $144,000 after acquiring an additional 238 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.0 %

NASDAQ:JEPQ opened at $56.56 on Tuesday. The stock has a fifty day moving average price of $54.41 and a 200 day moving average price of $54.09. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $56.63. The firm has a market cap of $18.25 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.4936 dividend. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.47%. The ex-dividend date was Friday, November 1st.

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.