Creative Planning Purchases 15,078 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Creative Planning lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 271.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,642 shares of the company’s stock after buying an additional 15,078 shares during the period. Creative Planning’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,146,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Comerica Bank increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% during the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock worth $4,095,000 after purchasing an additional 17,500 shares in the last quarter. Concourse Financial Group Securities Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock valued at $367,000 after buying an additional 285 shares in the last quarter. Raymond James & Associates raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the second quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock valued at $64,497,000 after buying an additional 303,680 shares during the last quarter. Western Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the second quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock worth $798,000 after acquiring an additional 1,893 shares in the last quarter. Finally, SteelPeak Wealth LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth about $382,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.4 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.75 on Thursday. The company has a 50 day moving average price of $53.21 and a 200 day moving average price of $53.76. The firm has a market capitalization of $16.98 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 $44.95 and a 52 week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business 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 annualized dividend and a dividend yield of 12.08%.

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.