Skyline Advisors Inc. Has $640,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Skyline Advisors Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 27.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,358 shares of the company’s stock after acquiring an additional 2,627 shares during the quarter. Skyline Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $640,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Future Financial Wealth Managment LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $26,000. Mainstream Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $28,000. O Shaughnessy Asset Management LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after purchasing an additional 254 shares during the period. Capital A Wealth Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $29,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4%

NASDAQ:JEPQ opened at $52.99 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54. The firm has a market capitalization of $24.76 billion, a price-to-earnings ratio of 30.29 and a beta of -0.84. The business’s 50-day moving average price is $50.93 and its two-hundred day moving average price is $54.30.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a $0.6207 dividend. 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 14.06%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60.

About JPMorgan Nasdaq Equity Premium Income ETF

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.