Howard Capital Management Inc. Acquires 81,610 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Howard Capital Management Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 21.7% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 458,264 shares of the company’s stock after acquiring an additional 81,610 shares during the quarter. Howard Capital Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $24,930,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. GAMMA Investing LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.9% during the first quarter. GAMMA Investing LLC now owns 15,091 shares of the company’s stock worth $781,000 after purchasing an additional 2,291 shares in the last quarter. Bessemer Group Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 15.6% during the first quarter. Bessemer Group Inc. now owns 1,845 shares of the company’s stock valued at $96,000 after purchasing an additional 249 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 100.7% in the 1st quarter. Sequoia Financial Advisors LLC now owns 13,355 shares of the company’s stock worth $692,000 after buying an additional 6,701 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 9.1% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,000 shares of the company’s stock worth $622,000 after buying an additional 1,000 shares in the last quarter. Finally, Joel Isaacson & Co. LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth $608,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $58.96 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $59.04. The company has a market capitalization of $31.67 billion, a P/E ratio of 32.17 and a beta of 0.83. The company has a fifty day moving average of $56.77 and a 200-day moving average of $54.29.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.4461 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date was Wednesday, October 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

JPMorgan Nasdaq Equity Premium Income ETF 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.