Balboa Wealth Partners Increases Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Balboa Wealth Partners boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,150 shares of the company’s stock after purchasing an additional 511 shares during the period. Balboa Wealth Partners’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $422,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Venturi Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the 4th quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after buying an additional 177 shares in the last quarter. PDS Planning Inc lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the 4th quarter. PDS Planning Inc now owns 36,894 shares of the company’s stock valued at $2,080,000 after buying an additional 206 shares in the last quarter. Institute for Wealth Management LLC. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.3% during the 1st quarter. Institute for Wealth Management LLC. now owns 10,502 shares of the company’s stock valued at $544,000 after buying an additional 234 shares in the last quarter. Investment Planning Advisors Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.7% during the 1st quarter. Investment Planning Advisors Inc. now owns 34,282 shares of the company’s stock valued at $1,775,000 after buying an additional 239 shares in the last quarter. Finally, Lifeworks Advisors LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.0% during the 4th quarter. Lifeworks Advisors LLC now owns 8,228 shares of the company’s stock valued at $464,000 after buying an additional 243 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.9%

JEPQ stock opened at $53.22 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $58.54. The stock has a market cap of $24.86 billion, a P/E ratio of 30.29 and a beta of -0.84. The business’s 50-day moving average price is $51.76 and its 200-day moving average price is $54.02.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.6207 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. This represents a $7.45 dividend on an annualized basis and a yield of 14.00%.

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.