NBC Securities Inc. Purchases Shares of 3,159 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

NBC Securities Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,159 shares of the company’s stock, valued at approximately $173,000.

Several other hedge funds and other institutional investors have also modified their holdings of JEPQ. PNC Financial Services Group Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 153.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,570 shares of the company’s stock valued at $228,000 after buying an additional 2,770 shares during the period. RFG Advisory LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth $579,000. MJP Associates Inc. ADV acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $230,000. International Assets Investment Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 14.1% in the first quarter. International Assets Investment Management LLC now owns 40,235 shares of the company’s stock valued at $2,170,000 after purchasing an additional 4,983 shares during the period. Finally, Global Trust Asset Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 225.6% in the first quarter. Global Trust Asset Management LLC now owns 2,605 shares of the company’s stock worth $141,000 after buying an additional 1,805 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $55.27 on Friday. The stock has a 50-day simple moving average of $53.82 and a 200-day simple moving average of $53.81. The firm has a market cap of $17.34 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.95 and a 1 year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.551 per share. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 dividend on an annualized basis and a dividend yield of 11.96%.

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.