JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Modus Advisors LLC

Modus Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,702 shares of the company’s stock after acquiring an additional 3,780 shares during the quarter. Modus Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,851,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Beacon Capital Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $26,000. SJS Investment Consulting Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $28,000. Global Wealth Strategies & Associates boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the first 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. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $56,000. Finally, First Command Advisory Services Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1 %

NASDAQ:JEPQ traded up $0.03 during trading hours on Thursday, reaching $54.78. 806,273 shares of the company’s stock were exchanged, compared to its average volume of 2,822,332. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.95 and a 1-year high of $56.18. The firm has a market capitalization of $16.99 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The company has a 50-day moving average of $53.21 and a 200 day moving average of $53.76.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were issued a dividend of $0.551 per share. This represents a $6.61 dividend on an annualized basis and a dividend yield of 12.07%. The ex-dividend date was Tuesday, October 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.