SteelPeak Wealth LLC Boosts Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

SteelPeak Wealth LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 41,628 shares of the company’s stock after buying an additional 1,205 shares during the period. SteelPeak Wealth LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,265,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. First Pacific Financial purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $25,000. AllSquare Wealth Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the first quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock worth $26,000 after acquiring an additional 240 shares during the period. Valley National Advisers Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 111.3% in the first quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock worth $30,000 after acquiring an additional 306 shares during the period. Mascoma Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $34,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $57.32 on Wednesday. The firm has a market capitalization of $30.92 billion, a P/E ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54. The company’s fifty day moving average price is $56.07 and its 200-day moving average price is $53.56.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a $0.4461 dividend. The ex-dividend date was Wednesday, October 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%.

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.