Wick Capital Partners LLC Acquires 34,249 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Wick Capital Partners LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 228,109 shares of the company’s stock after buying an additional 34,249 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 2.2% of Wick Capital Partners LLC’s investment portfolio, making the stock its 10th largest holding. Wick Capital Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $12,861,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Venturi Wealth Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after purchasing an additional 177 shares during the period. Fortis Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock worth $405,000 after buying an additional 198 shares during the period. Mayflower Financial Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock valued at $282,000 after acquiring an additional 200 shares in the last quarter. Round Rock Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.4% during the 4th quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock valued at $808,000 after acquiring an additional 200 shares during the period. Finally, Iron Horse Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% during the fourth quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock worth $53,000 after acquiring an additional 200 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4 %

JEPQ opened at $51.32 on Wednesday. The company has a fifty day moving average price of $51.68 and a two-hundred day moving average price of $55.02. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54. The company has a market cap of $23.60 billion, a P/E ratio of 28.28 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a dividend of $0.5407 per share. This is an increase 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 yield of 12.64%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.