JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 26.9% in the 3rd quarter, Holdings Channel reports. The firm owned 11,609 shares of the company’s stock after buying an additional 2,463 shares during the period. Foundations Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $638,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. LPL Financial LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after purchasing an additional 1,017,261 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock valued at $159,473,000 after purchasing an additional 174,473 shares during the last quarter. Osaic Holdings Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the first quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock valued at $129,587,000 after purchasing an additional 493,420 shares during the last quarter. RiverFront Investment Group LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the second quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after purchasing an additional 105,765 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock valued at $99,637,000 after acquiring an additional 292,808 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $55.25 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18. The company’s 50 day simple moving average is $54.05 and its 200-day simple moving average is $53.86. The firm has a market capitalization of $17.44 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.551 per share. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 dividend on an annualized basis and a dividend yield of 11.97%.

JPMorgan Nasdaq Equity Premium Income ETF Profile

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.