1,842 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Purchased by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,842 shares of the company’s stock, valued at approximately $100,000.

Several other hedge funds have also made changes to their positions in JEPQ. Global Wealth Strategies & Associates acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $27,000. Hazlett Burt & Watson Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the period. Iron Horse Wealth Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock worth $37,000 after purchasing an additional 240 shares during the period. TD Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $40,000. Finally, Roble Belko & Company Inc acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $43,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $55.45 on Wednesday. The firm has a 50-day simple moving average of $54.13 and a two-hundred day simple moving average of $52.81. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.95 and a 1-year high of $55.84. The stock has a market cap of $13.10 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be issued a $0.4212 dividend. This represents a $5.05 annualized dividend and a yield of 9.11%. The ex-dividend date of this dividend is Monday, July 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.