J.W. Cole Advisors Inc. Has $4.74 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

J.W. Cole Advisors Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 31.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 87,061 shares of the company’s stock after purchasing an additional 20,613 shares during the period. J.W. Cole Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,736,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $35,000. SVB Wealth LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at about $36,000. NorthRock Partners LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $59,000. SouthState Corp bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $72,000. Finally, Cullen Frost Bankers Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $73,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.8%

Shares of NASDAQ JEPQ opened at $58.42 on Thursday. The company has a 50-day moving average of $57.71 and a two-hundred day moving average of $55.48. 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 market cap of $31.55 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.4755 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 9.8%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45.

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.