Berger Financial Group Inc Boosts Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Berger Financial Group Inc raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,340 shares of the company’s stock after buying an additional 500 shares during the period. Berger Financial Group Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $245,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Garden State Investment Advisory Services LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the third quarter. Garden State Investment Advisory Services LLC now owns 75,643 shares of the company’s stock worth $4,158,000 after purchasing an additional 5,728 shares during the last quarter. Advisory Resource Group increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.6% during the third quarter. Advisory Resource Group now owns 62,879 shares of the company’s stock valued at $3,454,000 after acquiring an additional 1,579 shares during the period. Morse Asset Management Inc boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 90.2% during the third quarter. Morse Asset Management Inc now owns 65,652 shares of the company’s stock worth $3,606,000 after buying an additional 31,137 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.2% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 157,900 shares of the company’s stock worth $8,673,000 after buying an additional 4,874 shares in the last quarter. Finally, World Investment Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $477,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.0 %

NASDAQ:JEPQ opened at $51.11 on Tuesday. The business’s fifty day moving average price is $51.83 and its 200 day moving average price is $55.05. The firm has a market capitalization of $23.50 billion, a price-to-earnings ratio of 28.28 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a $0.5407 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. This represents a $6.49 annualized dividend and a yield of 12.69%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.