PDS Planning Inc Purchases New Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

PDS Planning Inc purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, HoldingsChannel reports. The fund purchased 9,101 shares of the company’s stock, valued at approximately $454,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPQ. Greenwich Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $985,000. Capital Investment Advisory Services LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 44.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 24,359 shares of the company’s stock valued at $1,216,000 after buying an additional 7,474 shares during the last quarter. CWM LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.5% in the 4th quarter. CWM LLC now owns 214,761 shares of the company’s stock valued at $10,723,000 after buying an additional 5,327 shares during the last quarter. Signaturefd LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1,791.0% in the 4th quarter. Signaturefd LLC now owns 1,475 shares of the company’s stock valued at $74,000 after buying an additional 1,397 shares during the last quarter. Finally, J.W. Cole Advisors Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 12.9% in the 4th quarter. J.W. Cole Advisors Inc. now owns 18,343 shares of the company’s stock valued at $916,000 after buying an additional 2,095 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ traded up $0.70 during midday trading on Tuesday, reaching $52.01. The stock had a trading volume of 1,714,992 shares, compared to its average volume of 2,707,666. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.12 and a 1-year high of $54.47. The firm’s fifty day simple moving average is $53.15 and its 200-day simple moving average is $50.66. The stock has a market capitalization of $11.76 billion, a P/E ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.4273 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a yield of 9.86%.

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.