Moors & Cabot Inc. Grows Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Moors & Cabot Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 26.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,730 shares of the company’s stock after buying an additional 1,823 shares during the period. Moors & Cabot Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $485,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Beacon Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $26,000. SJS Investment Consulting Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at approximately $28,000. TD Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $40,000. Global Wealth Strategies & Associates raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $54.42 on Friday. The firm’s 50-day moving average price is $53.15 and its 200-day moving average price is $53.66. The company has a market capitalization of $15.45 billion, a PE ratio of 32.10 and a beta of -0.84. 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 firm also recently announced a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.5569 per share. 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 Tuesday, September 3rd. This represents a $6.68 dividend on an annualized basis and a dividend yield of 12.28%.

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.