Summit Wealth Partners LLC Increases Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Summit Wealth Partners LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,496 shares of the company’s stock after purchasing an additional 6,913 shares during the quarter. Summit Wealth Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,693,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Beacon Capital Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $26,000. SJS Investment Consulting Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $28,000. Global Wealth Strategies & Associates increased its stake 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 valued at $41,000 after acquiring an additional 200 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at about $56,000. Finally, First Command Advisory Services Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth about $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.8 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $53.95 on Wednesday. The business’s 50-day moving average price is $53.07 and its 200-day moving average price is $53.75. The firm has a market capitalization of $15.32 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.5569 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $6.68 annualized dividend and a dividend yield of 12.39%.

JPMorgan Nasdaq Equity Premium Income ETF 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.