Wealthcare Advisory Partners LLC Has $5.40 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Wealthcare Advisory Partners LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 104,301 shares of the company’s stock after buying an additional 15,600 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,401,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of JEPQ. Future Financial Wealth Managment LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $26,000. Mainstream Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $28,000. O Shaughnessy Asset Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after buying an additional 254 shares during the last quarter. Capital A Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $29,000. Finally, Kestra Investment Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

NASDAQ:JEPQ opened at $52.80 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54. The firm’s fifty day simple moving average is $50.86 and its 200 day simple moving average is $54.31. The firm has a market capitalization of $24.67 billion, a PE ratio of 30.29 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 Wednesday, June 4th. Shareholders of record on Monday, June 2nd were issued a $0.6207 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. This represents a $7.45 dividend on an annualized basis and a yield of 14.11%.

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.