Clear Creek Financial Management LLC Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Clear Creek Financial Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 4,860 shares of the company’s stock, valued at approximately $267,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Salomon & Ludwin LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. Beacon Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $26,000. SJS Investment Consulting Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $28,000. CENTRAL TRUST Co bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $48,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.2 %

JEPQ stock opened at $54.35 on Tuesday. The stock has a market capitalization of $17.53 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The firm’s 50-day moving average price is $54.23 and its two-hundred day moving average price is $53.97. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.53 and a 12-month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be issued a $0.4936 dividend. This represents a $5.92 annualized dividend and a yield of 10.90%. The ex-dividend date is Friday, November 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.