Lifeworks Advisors LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Lifeworks Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 27.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,985 shares of the company’s stock after acquiring an additional 1,700 shares during the quarter. Lifeworks Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $439,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of JEPQ. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $772,000. US Bancorp DE lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 64.9% in the 1st quarter. US Bancorp DE now owns 11,134 shares of the company’s stock worth $604,000 after purchasing an additional 4,381 shares during the period. Koshinski Asset Management Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 90.5% in the 1st quarter. Koshinski Asset Management Inc. now owns 8,613 shares of the company’s stock worth $467,000 after purchasing an additional 4,091 shares during the period. HBK Sorce Advisory LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 18.5% during the first quarter. HBK Sorce Advisory LLC now owns 7,888 shares of the company’s stock valued at $428,000 after acquiring an additional 1,232 shares during the last quarter. Finally, Nwam LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the first quarter. Nwam LLC now owns 23,900 shares of the company’s stock valued at $1,273,000 after acquiring an additional 2,687 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.2 %

NASDAQ:JEPQ opened at $56.53 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 50 day moving average of $54.63 and a 200 day moving average of $54.17. The stock has a market capitalization of $18.24 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.4936 per share. The ex-dividend date was Friday, November 1st. This represents a $5.92 dividend on an annualized basis and a yield of 10.48%.

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.