HBW Advisory Services LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

HBW Advisory Services LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,798 shares of the company’s stock after buying an additional 9,034 shares during the quarter. HBW Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,534,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Logan Capital Management Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $27,000. Hantz Financial Services Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after buying an additional 351 shares during the period. Russell Investments Group Ltd. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $33,000. Root Financial Partners LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $34,000. Finally, Asset Dedication LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the 2nd quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after acquiring an additional 404 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $57.62 on Monday. The stock’s 50-day moving average price is $57.11 and its 200 day moving average price is $57.88. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.14 and a 12-month high of $60.14. The firm has a market cap of $35.86 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a $0.5586 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. This represents a c) annualized dividend and a dividend yield of 11.6%.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.