HBK Sorce Advisory LLC Raises Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

HBK Sorce Advisory LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 70.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,187 shares of the company’s stock after buying an additional 6,294 shares during the quarter. HBK Sorce Advisory LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $786,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. First Pacific Financial purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth about $25,000. Future Financial Wealth Managment LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $26,000. Mainstream Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $28,000. O Shaughnessy Asset Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock worth $28,000 after purchasing an additional 254 shares in the last quarter. Finally, Capital A Wealth Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $29,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $53.90 on Thursday. 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 stock has a market cap of $27.20 billion, a P/E ratio of 32.17 and a beta of 0.85. The firm’s fifty day moving average price is $51.94 and its 200-day moving average price is $54.02.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a dividend of $0.6207 per share. This represents a $7.45 annualized dividend and a yield of 13.82%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date was Monday, June 2nd.

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.