Thrivent Financial for Lutherans Purchases 10,360 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Thrivent Financial for Lutherans raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 35.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 39,248 shares of the company’s stock after acquiring an additional 10,360 shares during the period. Thrivent Financial for Lutherans’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,156,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the 2nd quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock worth $400,539,000 after purchasing an additional 1,017,261 shares in the last quarter. International Assets Investment Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after buying an additional 3,029,552 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock valued at $159,473,000 after buying an additional 174,473 shares in the last quarter. RiverFront Investment Group LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock worth $124,476,000 after purchasing an additional 105,765 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.5% during the 2nd 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 opened at $56.68 on Thursday. The firm 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 has a 52-week low of $47.67 and a 52-week high of $57.04. The business’s fifty day moving average is $55.32 and its 200-day moving average is $54.42.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.4936 dividend. The ex-dividend date was Friday, November 1st. This represents a $5.92 annualized dividend and a yield of 10.45%.

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.