JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 69,141 shares of the company’s stock after purchasing an additional 1,826 shares during the period. Princeton Global Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,761,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. First Pacific Financial purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $25,000. AllSquare Wealth Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% during the first quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock worth $26,000 after buying an additional 240 shares during the period. Valley National Advisers Inc. raised its position in 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 valued at $30,000 after purchasing an additional 306 shares during the period. Mascoma Wealth Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth $34,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $57.48 on Monday. The company has a market capitalization of $30.96 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 has a 50-day moving average of $56.46 and a 200-day moving average of $53.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders 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) annualized dividend and a dividend yield of 9.3%.

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.