Hennion & Walsh Asset Management Inc. Boosts Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Hennion & Walsh Asset Management Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 75,684 shares of the company’s stock after purchasing an additional 5,866 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,105,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of JEPQ. PNC Financial Services Group Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 40.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock worth $84,000 after acquiring an additional 520 shares during the last quarter. Mariner LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 90.2% in the 3rd quarter. Mariner LLC now owns 48,084 shares of the company’s stock worth $2,257,000 after purchasing an additional 22,806 shares during the period. Mutual Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 14.5% during the third quarter. Mutual Advisors LLC now owns 4,771 shares of the company’s stock valued at $224,000 after purchasing an additional 605 shares in the last quarter. Waverly Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $692,000. Finally, Gallagher Fiduciary Advisors LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.8% during the third quarter. Gallagher Fiduciary Advisors LLC now owns 5,931 shares of the company’s stock valued at $278,000 after purchasing an additional 376 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1 %

NASDAQ JEPQ opened at $55.50 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $55.84. The company has a market capitalization of $13.11 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock’s 50-day moving average price is $53.99 and its 200-day moving average price is $52.72.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were issued a $0.4497 dividend. This represents a $5.40 annualized dividend and a yield of 9.72%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Monday, June 3rd.

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.