CAP Partners LLC Boosts Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

CAP Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,620 shares of the company’s stock after purchasing an additional 611 shares during the period. CAP Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $630,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Global Wealth Strategies & Associates bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $27,000. Hazlett Burt & Watson Inc. raised its position 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 valued at $31,000 after buying an additional 200 shares in the last quarter. Iron Horse Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after acquiring an additional 240 shares during the last quarter. TD Capital Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $40,000. Finally, Roble Belko & Company Inc purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $43,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.24 on Tuesday, reaching $55.45. The company had a trading volume of 2,986,579 shares, compared to its average volume of 2,711,199. The firm’s 50-day moving average price is $54.13 and its two-hundred day moving average price is $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 firm has a market cap of $13.10 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.