Capital Advisors Ltd. LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Capital Advisors Ltd. LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,842 shares of the company’s stock, valued at approximately $100,000.

Other institutional investors also recently modified their holdings of the company. Hazlett Burt & Watson Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the period. Global Wealth Strategies & Associates lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after buying an additional 200 shares during the period. Atlantic Union Bankshares Corp boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the 1st quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock worth $972,000 after buying an additional 237 shares during the last quarter. Iron Horse Wealth Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock worth $37,000 after acquiring an additional 240 shares during the period. Finally, Panoramic Investment Advisors LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the fourth quarter. Panoramic Investment Advisors LLC now owns 12,550 shares of the company’s stock worth $627,000 after acquiring an additional 250 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $55.45 on Wednesday. The company has a market cap of $13.10 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The business’s 50-day moving average is $54.13 and its two-hundred day moving average is $52.81. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $55.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.