JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Position Boosted by Cwm LLC

Cwm LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 214,761 shares of the company’s stock after buying an additional 5,327 shares during the period. Cwm LLC owned about 0.12% of JPMorgan Nasdaq Equity Premium Income ETF worth $10,723,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in JEPQ. Legacy Financial Group LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth approximately $27,000. Global Wealth Strategies & Associates bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $27,000. Valley National Advisers Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $31,000. Hazlett Burt & Watson Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after buying an additional 200 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 46.4% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 732 shares of the company’s stock valued at $34,000 after acquiring an additional 232 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.9 %

NASDAQ:JEPQ opened at $51.31 on Tuesday. The company’s 50 day moving average is $53.15 and its 200-day moving average is $50.66. The firm has a market cap of $11.61 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.12 and a 12 month high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.4273 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a dividend yield of 9.99%.

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.