Howard Capital Management Inc. Has $24.93 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Howard Capital Management Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 21.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 458,264 shares of the company’s stock after purchasing an additional 81,610 shares during the quarter. Howard Capital Management Inc. owned approximately 0.09% of JPMorgan Nasdaq Equity Premium Income ETF worth $24,930,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in JEPQ. San Luis Wealth Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the second quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock worth $2,733,000 after buying an additional 3,047 shares during the period. Cullen Frost Bankers Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $73,000. US Bancorp DE grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 11.7% during the 1st quarter. US Bancorp DE now owns 28,482 shares of the company’s stock worth $1,475,000 after acquiring an additional 2,978 shares during the period. Wagner Wealth Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 23.9% during the 2nd quarter. Wagner Wealth Management LLC now owns 60,443 shares of the company’s stock worth $3,288,000 after acquiring an additional 11,646 shares during the period. Finally, Retirement Planning Group LLC NY raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 106.4% in the 2nd quarter. Retirement Planning Group LLC NY now owns 10,683 shares of the company’s stock worth $581,000 after acquiring an additional 5,506 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.96 on Tuesday. The stock has a market capitalization of $31.67 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The stock’s 50 day moving average price is $56.77 and its two-hundred day moving average price is $54.29. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $59.04.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.4461 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 9.1%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

About JPMorgan Nasdaq Equity Premium Income ETF

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.