Lifestyle Asset Management Inc. Has $3.12 Million Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Lifestyle Asset Management Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,315 shares of the company’s stock after acquiring an additional 1,621 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 1.7% of Lifestyle Asset Management Inc.’s holdings, making the stock its 11th largest position. Lifestyle Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,123,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Iron Horse Wealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock valued at $53,000 after acquiring an additional 200 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $410,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 37.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock valued at $630,000 after acquiring an additional 3,000 shares during the last quarter. Ironsides Asset Advisors LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the fourth quarter. Ironsides Asset Advisors LLC now owns 17,890 shares of the company’s stock valued at $1,009,000 after acquiring an additional 4,150 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 42.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 63,411 shares of the company’s stock valued at $3,575,000 after acquiring an additional 18,917 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $52.53 on Thursday. The firm has a fifty day simple moving average of $50.81 and a 200-day simple moving average of $54.41. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54. The stock has a market capitalization of $26.22 billion, a price-to-earnings ratio of 30.29 and a beta of 0.85.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.6207 dividend. This represents a $7.45 dividend on an annualized basis and a dividend yield of 14.18%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date of this dividend was Monday, June 2nd.

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.