Perennial Investment Advisors LLC Grows Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Perennial Investment Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.4% during the second quarter, Holdings Channel reports. The institutional investor owned 57,285 shares of the company’s stock after purchasing an additional 3,443 shares during the quarter. Perennial Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. 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 purchasing an additional 240 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $35,000. SVB Wealth LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $36,000. Pin Oak Investment Advisors Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 33.7% in the 1st quarter. Pin Oak Investment Advisors Inc. now owns 1,076 shares of the company’s stock valued at $56,000 after buying an additional 271 shares in the last quarter. Finally, NorthRock Partners LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.43 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42. The business has a fifty day moving average price of $57.63 and a 200-day moving average price of $55.23. The firm has a market capitalization of $31.01 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.