Graypoint LLC Increases Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Graypoint LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,683 shares of the company’s stock after acquiring an additional 3,288 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 1.1% of Graypoint LLC’s holdings, making the stock its 23rd biggest position. Graypoint LLC owned about 0.10% of JPMorgan Nasdaq Equity Premium Income ETF worth $15,300,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Comerica Bank lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the 1st quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after buying an additional 17,500 shares in the last quarter. Concourse Financial Group Securities Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock valued at $367,000 after acquiring an additional 285 shares during the last quarter. Raymond James & Associates raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock valued at $64,497,000 after acquiring an additional 303,680 shares during the last quarter. International Assets Investment Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.9% in the 4th quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock valued at $1,760,000 after acquiring an additional 2,268 shares during the last quarter. Finally, Western Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after acquiring an additional 1,893 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.9 %

Shares of JEPQ stock traded up $0.48 on Friday, reaching $54.08. 2,476,732 shares of the stock were exchanged, compared to its average volume of 2,845,134. The stock has a market cap of $15.35 billion, a P/E ratio of 32.10 and a beta of -0.84. The firm has a 50 day moving average of $53.87 and a two-hundred day moving average of $53.63. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.95 and a 1-year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.4268 per share. This represents a $5.12 dividend on an annualized basis and a dividend yield of 9.47%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend was Thursday, August 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.