Cora Capital Advisors LLC Purchases 19,307 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Cora Capital Advisors LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 245.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 27,162 shares of the company’s stock after purchasing an additional 19,307 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 0.7% of Cora Capital Advisors LLC’s holdings, making the stock its 27th largest holding. Cora Capital Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,406,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Herbst Group LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 423.6% in the first quarter. Herbst Group LLC now owns 59,696 shares of the company’s stock valued at $3,091,000 after purchasing an additional 48,296 shares during the period. Signal Advisors Wealth LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 497.8% in the 1st quarter. Signal Advisors Wealth LLC now owns 52,472 shares of the company’s stock valued at $2,717,000 after buying an additional 43,695 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 136.8% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 10,992 shares of the company’s stock valued at $569,000 after buying an additional 6,350 shares in the last quarter. Lake Street Private Wealth LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.6% during the 1st quarter. Lake Street Private Wealth LLC now owns 85,762 shares of the company’s stock valued at $4,441,000 after acquiring an additional 3,791 shares during the period. Finally, Wealth Management Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $224,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $52.34 on Friday. The stock has a fifty day moving average of $50.82 and a 200-day moving average of $54.39. The stock has a market cap of $26.13 billion, a PE ratio of 30.29 and a beta of 0.85. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a dividend of $0.6207 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. This represents a $7.45 annualized dividend and a dividend yield of 14.23%.

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.