Thurston Springer Miller Herd & Titak Inc. Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the second quarter, HoldingsChannel reports. The fund purchased 1,000 shares of the company’s stock, valued at approximately $56,000.

Several other hedge funds have also recently bought and sold shares of JEPQ. Private Trust Co. NA increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 104.8% during the 4th quarter. Private Trust Co. NA now owns 977 shares of the company’s stock valued at $49,000 after acquiring an additional 500 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% during the 4th quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock worth $87,883,000 after purchasing an additional 1,727,136 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $729,000. Allworth Financial LP lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 58.5% in the 4th quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock valued at $59,000 after buying an additional 439 shares in the last quarter. Finally, Venture Visionary Partners LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $1,343,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.90 during mid-day trading on Wednesday, hitting $51.09. 832,764 shares of the company were exchanged, compared to its average volume of 2,874,169. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $56.18. The company has a market capitalization of $14.50 billion, a P/E ratio of 32.10 and a beta of -0.84. The business’s 50 day simple moving average is $54.51 and its two-hundred day simple moving average is $53.52.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were given a dividend of $0.4268 per share. This represents a $5.12 dividend on an annualized basis and a yield of 10.02%. The ex-dividend date of this dividend was Thursday, August 1st. This is a boost 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.