Kapstone Financial Advisors LLC Buys 778 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kapstone Financial Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 20.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,525 shares of the company’s stock after purchasing an additional 778 shares during the quarter. Kapstone Financial Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Comerica Bank grew its stake in 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 valued at $4,095,000 after acquiring an additional 17,500 shares in the last quarter. Cornerstone Wealth Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $225,000. Raymond James & Associates increased its holdings in shares of 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 worth $64,497,000 after purchasing an additional 303,680 shares during the period. Western Wealth Management LLC raised its position in shares of 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 buying an additional 1,893 shares in the last quarter. Finally, US Bancorp DE boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 64.9% during the first quarter. US Bancorp DE now owns 11,134 shares of the company’s stock valued at $604,000 after buying an additional 4,381 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ traded down $0.05 during trading on Thursday, reaching $56.60. The company’s stock had a trading volume of 466,606 shares, compared to its average volume of 2,864,708. The firm has a fifty day moving average of $54.54 and a 200 day moving average of $54.15. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $56.78. The stock has a market capitalization of $18.26 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.4936 dividend. This represents a $5.92 dividend on an annualized basis and a yield of 10.47%. The ex-dividend date of this dividend was Friday, November 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.