Investment Advisory Services Inc. TX ADV Acquires 5,386 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Investment Advisory Services Inc. TX ADV grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 15.1% during the 1st quarter, Holdings Channel reports. The fund owned 41,147 shares of the company’s stock after buying an additional 5,386 shares during the period. Investment Advisory Services Inc. TX ADV’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,131,000 as of its most recent filing with the Securities and Exchange Commission.

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

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3%

Shares of JEPQ opened at $53.90 on Thursday. The business’s 50 day moving average is $51.94 and its 200 day moving average is $54.02. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $58.54. The company has a market capitalization of $27.20 billion, a PE ratio of 32.17 and a beta of 0.85.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.