Johnson & White Wealth Management LLC Buys 9,249 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Johnson & White Wealth Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 128.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,464 shares of the company’s stock after acquiring an additional 9,249 shares during the quarter. Johnson & White Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $853,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Iron Horse Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock valued at $53,000 after buying an additional 200 shares during the last quarter. Corient Private Wealth LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $410,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock valued at $630,000 after buying an additional 3,000 shares during the last quarter. Ironsides Asset Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the fourth quarter. Ironsides Asset Advisors LLC now owns 17,890 shares of the company’s stock valued at $1,009,000 after buying an additional 4,150 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 42.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 63,411 shares of the company’s stock valued at $3,575,000 after buying an additional 18,917 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $52.53 on Thursday. The stock has a 50-day simple moving average of $50.81 and a 200 day simple moving average of $54.41. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $58.54. The stock has a market capitalization of $26.22 billion, a price-to-earnings ratio of 30.29 and a beta of 0.85.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.6207 dividend. This represents a $7.45 dividend on an annualized basis and a dividend yield of 14.18%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date of this dividend was Monday, June 2nd.

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.