JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 33.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,264 shares of the company’s stock after purchasing an additional 2,598 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $531,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in JEPQ. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock worth $630,000 after purchasing an additional 3,000 shares in the last quarter. Savant Capital LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $1,065,000. Summit Trail Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.4% during the fourth quarter. Summit Trail Advisors LLC now owns 5,062 shares of the company’s stock worth $288,000 after buying an additional 516 shares during the period. Focus Financial Network Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $497,000. Finally, Guided Capital Wealth Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $5,925,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $52.92 on Thursday. The company’s 50 day moving average price is $51.06 and its 200 day moving average price is $54.29. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $58.54. The firm has a market capitalization of $24.72 billion, a price-to-earnings ratio of 30.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were paid a dividend of $0.6207 per share. This represents a $7.45 dividend on an annualized basis and a dividend yield of 14.08%. This is a positive change 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.