Hexagon Capital Partners LLC Boosts Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Hexagon Capital Partners LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 41.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,051 shares of the company’s stock after purchasing an additional 1,474 shares during the quarter. Hexagon Capital Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $252,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JEPQ. Balboa Wealth Partners purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $307,000. Cambridge Investment Research Advisors Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 17.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 145,492 shares of the company’s stock worth $6,828,000 after acquiring an additional 22,022 shares in the last quarter. Pinnacle Associates Ltd. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 28.9% in the 3rd quarter. Pinnacle Associates Ltd. now owns 13,810 shares of the company’s stock worth $648,000 after acquiring an additional 3,100 shares in the last quarter. Mayfair Advisory Group LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $500,000. Finally, Raymond James & Associates boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 11.0% during the 3rd quarter. Raymond James & Associates now owns 682,410 shares of the company’s stock worth $32,025,000 after purchasing an additional 67,539 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.4 %

JEPQ traded down $0.71 on Wednesday, hitting $51.33. 1,198,439 shares of the company’s stock were exchanged, compared to its average volume of 2,738,449. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.62 and a fifty-two week high of $54.47. The firm has a 50-day moving average price of $53.15 and a 200-day moving average price of $50.87. The stock has a market cap of $11.98 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.4273 dividend. The ex-dividend date was Monday, April 1st. This represents a $5.13 dividend on an annualized basis and a dividend yield of 9.99%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.