L.M. Kohn & Company Takes Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

L.M. Kohn & Company purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,971 shares of the company’s stock, valued at approximately $216,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after purchasing an additional 86,045,601 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after purchasing an additional 1,879,853 shares during the last quarter. LPL Financial LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock valued at $561,868,000 after purchasing an additional 1,936,707 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.3% in the first quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock valued at $197,724,000 after purchasing an additional 720,369 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.6% in the second quarter. Envestnet Asset Management Inc. now owns 3,506,075 shares of the company’s stock valued at $190,731,000 after purchasing an additional 123,259 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2%

JEPQ stock opened at $59.22 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $59.28. The company has a market cap of $31.81 billion, a PE ratio of 32.17 and a beta of 0.83. The business’s 50-day simple moving average is $56.92 and its 200 day simple moving average is $54.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.4461 per share. This is a boost 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 9.0%. The ex-dividend date was Wednesday, October 1st.

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.