1,723 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Acquired by Cedar Mountain Advisors LLC

Cedar Mountain Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,723 shares of the company’s stock, valued at approximately $89,000.

A number of other large investors have also recently made changes to their positions in the stock. BCS Wealth Management bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth about $913,000. Park Avenue Securities LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 168.6% in the 1st quarter. Park Avenue Securities LLC now owns 62,038 shares of the company’s stock worth $3,212,000 after purchasing an additional 38,937 shares during the period. KMG Fiduciary Partners LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth about $1,216,000. Kraematon Investment Advisors Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.2% in the first quarter. Kraematon Investment Advisors Inc. now owns 24,142 shares of the company’s stock valued at $1,250,000 after acquiring an additional 276 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 8.6% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 103,964 shares of the company’s stock valued at $5,383,000 after purchasing an additional 8,212 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $52.70 on Friday. The firm has a market capitalization of $24.62 billion, a price-to-earnings ratio of 30.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54. The stock has a fifty day moving average of $50.84 and a 200 day moving average of $54.35.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were paid a dividend of $0.6207 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date was Monday, June 2nd. This represents a $7.45 annualized dividend and a yield of 14.13%.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.