Lifestyle Asset Management Inc. Has $3.20 Million Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Lifestyle Asset Management Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,159 shares of the company’s stock after acquiring an additional 217 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.8% of Lifestyle Asset Management Inc.’s portfolio, making the stock its 9th largest holding. Lifestyle Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after buying an additional 3,029,552 shares in the last quarter. LPL Financial LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the 2nd 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 period. Strategic Financial Concepts LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8,782.1% in the second quarter. Strategic Financial Concepts LLC now owns 933,063 shares of the company’s stock worth $518,000 after purchasing an additional 922,558 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 550.6% during the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock worth $57,049,000 after purchasing an additional 890,120 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% during the 1st quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock valued at $43,071,000 after buying an additional 783,584 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.8 %

JEPQ opened at $56.43 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $56.45. The stock has a fifty day moving average price of $54.36 and a 200 day moving average price of $54.03. The stock has a market cap of $18.21 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 announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders 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 10.50%. The ex-dividend date was Friday, November 1st.

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.