Atlantic Union Bankshares Corp Raises Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Atlantic Union Bankshares Corp lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,919 shares of the company’s stock after acquiring an additional 237 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $972,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 62.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 71,650 shares of the company’s stock valued at $3,886,000 after purchasing an additional 27,547 shares during the period. Procyon Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $1,086,000. Sandbox Financial Partners LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 133.9% in the 1st quarter. Sandbox Financial Partners LLC now owns 75,986 shares of the company’s stock worth $4,121,000 after acquiring an additional 43,494 shares during the period. Wealthcare Advisory Partners LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $2,717,000. Finally, Ellis Investment Partners LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 18.6% in the first quarter. Ellis Investment Partners LLC now owns 206,575 shares of the company’s stock valued at $11,205,000 after acquiring an additional 32,464 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1 %

NASDAQ JEPQ opened at $55.50 on Friday. The stock has a market cap of $13.11 billion, a P/E ratio of 32.10 and a beta of -0.84. The company’s fifty day simple moving average is $53.99 and its 200-day simple moving average is $52.70. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $55.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a $0.4497 dividend. The ex-dividend date was Monday, June 3rd. This represents a $5.40 dividend on an annualized basis and a yield of 9.72%. This is a positive change 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.