JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Townsquare Capital LLC

Townsquare Capital LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 293.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 17,606 shares of the company’s stock after buying an additional 13,135 shares during the quarter. Townsquare Capital LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $912,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Pacific Financial acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at approximately $25,000. Future Financial Wealth Managment LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $26,000. AllSquare Wealth Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after purchasing an additional 240 shares during the period. Capital A Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $29,000. Finally, Valley National Advisers Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 111.3% in the 1st quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after purchasing an additional 306 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $55.81 on Friday. The firm has a fifty day moving average price of $54.22 and a 200 day moving average price of $53.38. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $58.54. The stock has a market cap of $29.16 billion, a P/E ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 5th. Investors of record on Friday, August 1st were paid a $0.4438 dividend. This represents a c) annualized dividend and a dividend yield of 9.5%. The ex-dividend date was Friday, August 1st.

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.