IAM Advisory LLC Buys 386 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

IAM Advisory LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,451 shares of the company’s stock after acquiring an additional 386 shares during the quarter. IAM Advisory LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $334,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Littlejohn Financial Services Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the first quarter. Littlejohn Financial Services Inc. now owns 42,782 shares of the company’s stock worth $2,215,000 after acquiring an additional 1,705 shares during the period. Sandbox Financial Partners LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.4% in the first quarter. Sandbox Financial Partners LLC now owns 132,409 shares of the company’s stock worth $6,856,000 after acquiring an additional 9,076 shares during the period. Oxinas Partners Wealth Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.2% in the first quarter. Oxinas Partners Wealth Management LLC now owns 31,138 shares of the company’s stock worth $1,612,000 after acquiring an additional 673 shares during the period. Magnus Financial Group LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.2% in the first quarter. Magnus Financial Group LLC now owns 70,313 shares of the company’s stock worth $3,641,000 after buying an additional 13,221 shares during the last quarter. Finally, Kapstone Financial Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 110.7% in the first quarter. Kapstone Financial Advisors LLC now owns 8,376 shares of the company’s stock worth $434,000 after buying an additional 4,400 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.7%

JEPQ opened at $52.70 on Friday. The company has a market cap of $24.62 billion, a price-to-earnings ratio of 30.29 and a beta of -0.84. The company’s 50 day moving average is $50.84 and its 200 day moving average is $54.37. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.6207 dividend. This is an increase 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. This represents a $7.45 dividend on an annualized basis and a dividend yield of 14.13%.

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.