Marquette Asset Management LLC Buys 3,124 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Marquette Asset Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209,360 shares of the company’s stock after acquiring an additional 3,124 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.8% of Marquette Asset Management LLC’s holdings, making the stock its 14th biggest holding. Marquette Asset Management LLC owned about 0.07% of JPMorgan Nasdaq Equity Premium Income ETF worth $11,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Beacon Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $26,000. SJS Investment Consulting Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $28,000. Global Wealth Strategies & Associates boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after purchasing an additional 200 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $56,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at about $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.8 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.53 on Wednesday. The company has a market cap of $16.92 billion, a P/E ratio of 32.10 and a beta of -0.84. The firm’s 50 day moving average price is $53.17 and its 200-day moving average price is $53.76. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a $0.551 dividend. This represents a $6.61 annualized dividend and a yield of 12.13%. The ex-dividend date of this dividend was Tuesday, October 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.