Means Investment CO. Inc. Buys 5,072 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Means Investment CO. Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 66.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,724 shares of the company’s stock after acquiring an additional 5,072 shares during the period. Means Investment CO. Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $706,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.9% in the fourth quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock valued at $1,760,000 after acquiring an additional 2,268 shares during the period. Avior Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 100.1% during the 4th quarter. Avior Wealth Management LLC now owns 2,207 shares of the company’s stock worth $110,000 after buying an additional 1,104 shares during the period. Onyx Bridge Wealth Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $328,000. J.W. Cole Advisors Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.9% in the fourth 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 period. Finally, Signaturefd LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,791.0% during the fourth quarter. Signaturefd LLC now owns 1,475 shares of the company’s stock worth $74,000 after acquiring an additional 1,397 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.46 during trading on Monday, reaching $53.91. The stock had a trading volume of 2,551,393 shares, compared to its average volume of 2,874,167. The company has a market capitalization of $15.31 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $56.18. The stock has a fifty day moving average price of $54.13 and a two-hundred day moving average price of $53.53.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were given a dividend of $0.4268 per share. The ex-dividend date was Thursday, August 1st. This represents a $5.12 dividend on an annualized basis and a yield of 9.50%. This is an increase 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.