Park Avenue Securities LLC Acquires 10,831 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Park Avenue Securities LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 141.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,498 shares of the company’s stock after acquiring an additional 10,831 shares during the quarter. Park Avenue Securities LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,016,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Beacon Capital Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $26,000. SJS Investment Consulting Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $28,000. Global Wealth Strategies & Associates boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $56,000. Finally, First Command Advisory Services Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $54.53 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18. The firm has a market cap of $16.92 billion, a PE ratio of 32.10 and a beta of -0.84. The business has a 50 day moving average price of $53.17 and a 200-day moving average price of $53.76.

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 given a dividend of $0.551 per share. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 12.13%.

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.