JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by Saxony Capital Management LLC

Saxony Capital Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 144.7% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 31,691 shares of the company’s stock after purchasing an additional 18,741 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 1.4% of Saxony Capital Management LLC’s portfolio, making the stock its 24th biggest holding. Saxony Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,641,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Daymark Wealth Partners LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.5% in the first quarter. Daymark Wealth Partners LLC now owns 27,739 shares of the company’s stock valued at $1,436,000 after acquiring an additional 1,930 shares in the last quarter. Golden State Equity Partners lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 24.6% in the first quarter. Golden State Equity Partners now owns 4,549 shares of the company’s stock valued at $236,000 after acquiring an additional 898 shares in the last quarter. Global Assets Advisory LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 231.3% in the first quarter. Global Assets Advisory LLC now owns 93,887 shares of the company’s stock valued at $4,639,000 after acquiring an additional 65,552 shares in the last quarter. Econ Financial Services Corp lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 96.4% in the first quarter. Econ Financial Services Corp now owns 28,458 shares of the company’s stock valued at $1,474,000 after acquiring an additional 13,968 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.8% in the first quarter. International Assets Investment Management LLC now owns 68,794 shares of the company’s stock valued at $3,562,000 after acquiring an additional 9,363 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.0%

Shares of NASDAQ:JEPQ opened at $53.76 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54. The stock’s fifty day simple moving average is $51.83 and its 200-day simple moving average is $54.02. The company has a market capitalization of $27.13 billion, a P/E ratio of 32.17 and a beta of 0.85.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a $0.6207 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. This represents a $7.45 annualized dividend and a dividend yield of 13.86%. The ex-dividend date of this dividend was Monday, June 2nd.

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.