Zuckerman Investment Group LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Zuckerman Investment Group LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 5,000 shares of the company’s stock, valued at approximately $283,000.

Several other institutional investors have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock worth $28,000 after purchasing an additional 254 shares during the period. Mainstream Capital Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $28,000. Crewe Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after purchasing an additional 309 shares during the period. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $31,000. Finally, Kestra Investment Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 10.5 %

Shares of NASDAQ JEPQ opened at $50.69 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54. The firm has a market cap of $22.37 billion, a price-to-earnings ratio of 30.12 and a beta of -0.84. The company’s 50-day simple moving average is $53.96 and its 200-day simple moving average is $55.50.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were given a $0.5407 dividend. The ex-dividend date was Tuesday, April 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. This represents a $6.49 dividend on an annualized basis and a dividend yield of 12.80%.

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.