8,241 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Purchased by PFG Investments LLC

PFG Investments LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 8,241 shares of the company’s stock, valued at approximately $411,000.

Several other institutional investors and hedge funds have also made changes to their positions in JEPQ. Legacy Financial Group LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth about $27,000. Global Wealth Strategies & Associates purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $27,000. Sunbelt Securities Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 266.7% in the 2nd quarter. Sunbelt Securities Inc. now owns 550 shares of the company’s stock worth $27,000 after buying an additional 400 shares in the last quarter. Creative Planning purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $27,000. Finally, Valley National Advisers Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $31,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

NASDAQ:JEPQ opened at $54.29 on Thursday. The firm has a market cap of $10.04 billion, a price-to-earnings ratio of 23.03 and a beta of -0.84. The company’s 50-day moving average is $52.69 and its two-hundred day moving average is $49.92. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $43.95 and a 12-month high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were issued a $0.3804 dividend. The ex-dividend date was Friday, March 1st. This represents a $4.56 dividend on an annualized basis and a yield of 8.41%.

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.