Moors & Cabot Inc. Buys 1,824 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Moors & Cabot Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 19,862 shares of the company’s stock after acquiring an additional 1,824 shares during the quarter. Moors & Cabot Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,080,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of JEPQ. Kingstone Capital Partners Texas LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock worth $4,615,759,000 after buying an additional 86,045,601 shares in the last quarter. LPL Financial LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% during the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock valued at $561,868,000 after acquiring an additional 1,936,707 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% during the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after acquiring an additional 1,879,853 shares during the period. Allworth Financial LP boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 78,192.0% in the first quarter. Allworth Financial LP now owns 1,851,606 shares of the company’s stock valued at $93,747,000 after acquiring an additional 1,849,241 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 58.4% in the first quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock worth $165,351,000 after purchasing an additional 1,178,637 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.2%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.82 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $59.42. The company has a market cap of $31.22 billion, a PE ratio of 32.17 and a beta of 0.83. The company’s 50-day moving average is $57.27 and its two-hundred day moving average is $54.78.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were issued a $0.4755 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date was Monday, November 3rd.

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.