Brookstone Capital Management Acquires 18,381 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Brookstone Capital Management raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 120.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,698 shares of the company’s stock after buying an additional 18,381 shares during the period. Brookstone Capital Management’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,828,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of JEPQ. Global Wealth Strategies & Associates purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $27,000. Hazlett Burt & Watson Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the last quarter. Iron Horse Wealth Management LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after purchasing an additional 240 shares during the period. TD Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $40,000. Finally, Roble Belko & Company Inc bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $43,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.50 on Friday. The business has a 50 day moving average of $53.99 and a 200 day moving average of $52.70. 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 market cap of $13.11 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a $0.4497 dividend. This represents a $5.40 annualized dividend and a dividend yield of 9.72%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend was Monday, June 3rd.

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.