Moors & Cabot Inc. Has $1.08 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Moors & Cabot Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,862 shares of the company’s stock after acquiring an additional 1,824 shares during the quarter. Moors & Cabot Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,080,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. San Luis Wealth Advisors LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock valued at $2,733,000 after purchasing an additional 3,047 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $73,000. US Bancorp DE lifted 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 valued at $1,475,000 after purchasing an additional 2,978 shares during the last quarter. Etesian Wealth Advisors Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 39.6% in the second quarter. Etesian Wealth Advisors Inc. now owns 24,164 shares of the company’s stock valued at $1,315,000 after buying an additional 6,859 shares in the last quarter. Finally, Wagner Wealth Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 23.9% during the second quarter. Wagner Wealth Management LLC now owns 60,443 shares of the company’s stock worth $3,288,000 after buying an additional 11,646 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.2%

NASDAQ JEPQ opened at $57.82 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $59.42. The company has a 50 day moving average of $57.27 and a 200-day moving average of $54.78. The firm has a market cap of $31.22 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were paid a $0.4755 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date of this dividend was Monday, November 3rd.

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.