Private Wealth Strategies L.L.C. Purchases 1,000 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Private Wealth Strategies L.L.C. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 18.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,500 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Private Wealth Strategies L.L.C.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $361,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Comerica Bank increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% during the 1st quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after purchasing an additional 17,500 shares during the last quarter. Concourse Financial Group Securities Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock worth $367,000 after acquiring an additional 285 shares during the last quarter. Raymond James & Associates grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% during the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after acquiring an additional 303,680 shares during the last quarter. International Assets Investment Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.9% during the 4th quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock worth $1,760,000 after acquiring an additional 2,268 shares during the last quarter. Finally, Western Wealth Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% during the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock worth $798,000 after acquiring an additional 1,893 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ traded up $0.48 on Monday, hitting $54.08. 2,476,700 shares of the company were exchanged, compared to its average volume of 2,845,229. The firm has a fifty day simple moving average of $53.87 and a two-hundred day simple moving average of $53.64. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18. The stock has a market capitalization of $15.35 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 declared a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were given a dividend of $0.4268 per share. This represents a $5.12 annualized dividend and a yield of 9.47%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend was Thursday, August 1st.

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.