Sheaff Brock Investment Advisors LLC Grows Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sheaff Brock Investment Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,906 shares of the company’s stock after purchasing an additional 725 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $764,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $25,000. Beacon Capital Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $26,000. SJS Investment Consulting Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $28,000. Hollencrest Capital Management purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $33,000. Finally, CENTRAL TRUST Co purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $48,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $55.61 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $56.78. The firm has a fifty day moving average of $54.71 and a 200 day moving average of $54.18. The firm has a market capitalization of $17.94 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 given a $0.4936 dividend. The ex-dividend date was Friday, November 1st. This represents a $5.92 annualized dividend and a yield of 10.65%.

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.