PFG Investments LLC Has $3.39 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

PFG Investments LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 133.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 62,322 shares of the company’s stock after acquiring an additional 35,632 shares during the period. PFG Investments LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,390,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. San Luis Wealth Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock valued at $2,733,000 after buying an additional 3,047 shares in the last quarter. Blodgett Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth about $331,000. US Bancorp DE raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.7% in the first quarter. US Bancorp DE now owns 28,482 shares of the company’s stock worth $1,475,000 after purchasing an additional 2,978 shares in the last quarter. Selway Asset Management acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth about $207,000. Finally, Howard Capital Management Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.9% in the 1st quarter. Howard Capital Management Inc. now owns 376,654 shares of the company’s stock worth $19,503,000 after buying an additional 43,049 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

Shares of JEPQ opened at $57.52 on Wednesday. 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 50 day simple moving average of $55.85 and a 200-day simple moving average of $53.40. The stock has a market cap of $30.05 billion, a PE ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st will be paid a dividend of $0.4461 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date is Wednesday, October 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.