GAMMA Investing LLC Has $434,000 Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

GAMMA Investing LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 21.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,905 shares of the company’s stock after purchasing an additional 1,398 shares during the period. GAMMA Investing LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $434,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JEPQ. Beacon Capital Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $26,000. SJS Investment Consulting Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $28,000. Global Wealth Strategies & Associates boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $56,000. Finally, First Command Advisory Services Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at about $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $54.75 on Thursday. The company has a market cap of $16.98 billion, a PE ratio of 32.10 and a beta of -0.84. The stock has a 50-day moving average of $53.21 and a 200-day moving average of $53.76. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.551 per share. This represents a $6.61 dividend on an annualized basis and a yield of 12.08%. The ex-dividend date of this dividend was Tuesday, October 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.