Steele Capital Management Inc. Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Steele Capital Management Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 7,333 shares of the company’s stock, valued at approximately $398,000.

Several other hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock worth $259,768,000 after buying an additional 5,466,397 shares during the period. UBS Group AG grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.7% during the 4th quarter. UBS Group AG now owns 2,399,478 shares of the company’s stock worth $119,806,000 after acquiring an additional 378,697 shares in the last quarter. RiverFront Investment Group LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.1% during the 4th quarter. RiverFront Investment Group LLC now owns 1,976,049 shares of the company’s stock worth $98,663,000 after acquiring an additional 21,597 shares in the last quarter. International Assets Investment Management LLC grew 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 acquiring an additional 1,727,136 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,437,473 shares of the company’s stock worth $71,773,000 after acquiring an additional 227,300 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ traded up $0.13 during mid-day trading on Monday, hitting $55.21. 3,046,989 shares of the company’s stock were exchanged, compared to its average volume of 2,708,957. The company has a market cap of $13.04 billion, a PE ratio of 32.10 and a beta of -0.84. 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 50-day simple moving average of $54.06 and a 200 day simple moving average of $52.78.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be paid a dividend of $0.4212 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.42. The ex-dividend date of this dividend is Monday, July 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.