Bank of Montreal Can Buys 702 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bank of Montreal Can lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,986 shares of the company’s stock after purchasing an additional 702 shares during the quarter. Bank of Montreal Can’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $555,000 as of its most recent SEC filing.

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

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.8 %

Shares of NASDAQ JEPQ opened at $54.53 on Wednesday. The firm has a market capitalization of $16.92 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock’s 50-day simple moving average is $53.17 and its two-hundred day simple moving average is $53.76. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.95 and a twelve month 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 issued a $0.551 dividend. This represents a $6.61 dividend on an annualized basis and a dividend yield of 12.13%. The ex-dividend date was Tuesday, October 1st.

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.