Bridgewealth Advisory Group LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bridgewealth Advisory Group LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.8% during the 4th quarter, Holdings Channel reports. The firm owned 31,635 shares of the company’s stock after purchasing an additional 2,023 shares during the quarter. Bridgewealth Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,838,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Garden State Investment Advisory Services LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 75,643 shares of the company’s stock worth $4,158,000 after purchasing an additional 5,728 shares in the last quarter. Advisory Resource Group raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.6% in the 3rd quarter. Advisory Resource Group now owns 62,879 shares of the company’s stock valued at $3,454,000 after acquiring an additional 1,579 shares in the last quarter. Morse Asset Management Inc boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 90.2% during the 3rd quarter. Morse Asset Management Inc now owns 65,652 shares of the company’s stock valued at $3,606,000 after acquiring an additional 31,137 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 3.2% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 157,900 shares of the company’s stock worth $8,673,000 after acquiring an additional 4,874 shares in the last quarter. Finally, World Investment Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth approximately $477,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $51.32 on Wednesday. The company has a market capitalization of $23.60 billion, a PE ratio of 28.28 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54. The company has a 50 day moving average price of $51.68 and a two-hundred day moving average price of $55.02.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a $0.5407 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $6.49 dividend on an annualized basis and a dividend yield of 12.64%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49.

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.