JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by Beck Capital Management LLC

Beck Capital Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 112,653 shares of the company’s stock after acquiring an additional 963 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up 1.7% of Beck Capital Management LLC’s holdings, making the stock its 17th largest holding. Beck Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,188,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of JEPQ. Benjamin Edwards Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 71.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 59,111 shares of the company’s stock worth $3,247,000 after purchasing an additional 24,595 shares in the last quarter. Lavaca Capital LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $478,000. Tradition Wealth Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.7% in the third quarter. Tradition Wealth Management LLC now owns 158,934 shares of the company’s stock worth $8,730,000 after acquiring an additional 8,540 shares in the last quarter. NCM Capital Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.3% during the third quarter. NCM Capital Management LLC now owns 15,720 shares of the company’s stock valued at $863,000 after acquiring an additional 1,602 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.2% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 388,484 shares of the company’s stock valued at $21,339,000 after acquiring an additional 8,493 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $57.09 on Monday. The firm’s 50 day moving average price is $55.42 and its two-hundred day moving average price is $54.47. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $57.13. The stock has a market cap of $18.42 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.4936 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a dividend yield of 10.38%.

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.