AE Wealth Management LLC Raises Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

AE Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 36.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,830 shares of the company’s stock after acquiring an additional 11,007 shares during the period. AE Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,266,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of JEPQ. Beacon Capital Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth $26,000. SJS Investment Consulting Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $28,000. Global Wealth Strategies & Associates increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares in the last quarter. TD Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.57 on Tuesday. The firm’s 50 day simple moving average is $53.10 and its two-hundred day simple moving average is $53.69. The firm has a market capitalization of $15.49 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.5569 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Tuesday, September 3rd. This represents a $6.68 dividend on an annualized basis and a yield of 12.25%.

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.