JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stake Boosted by Blue Investment Partners LLC

Blue Investment Partners LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 35,385 shares of the company’s stock after purchasing an additional 684 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 0.8% of Blue Investment Partners LLC’s holdings, making the stock its 25th largest holding. Blue Investment Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,944,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPQ. LPL Financial LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after buying an additional 837,415 shares during the period. International Assets Investment Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after acquiring an additional 3,029,552 shares during the period. Envestnet Asset Management Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock valued at $159,473,000 after acquiring an additional 174,473 shares in the last quarter. RiverFront Investment Group LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after purchasing an additional 105,765 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock worth $99,637,000 after purchasing an additional 292,808 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $56.69 on Tuesday. The firm has a 50 day simple moving average of $55.19 and a 200 day simple moving average of $54.38. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $57.04. The stock has a market cap of $18.29 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.4936 per share. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.45%. 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.