8,919 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Acquired by Columbia Asset Management

Columbia Asset Management acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,919 shares of the company’s stock, valued at approximately $495,000.

Several other hedge funds also recently added to or reduced their stakes in JEPQ. International Assets Investment Management LLC grew its position 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 worth $1,760,000 after acquiring an additional 2,268 shares during the period. Lincoln National Corp lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 54.1% during the fourth quarter. Lincoln National Corp now owns 28,091 shares of the company’s stock worth $1,403,000 after purchasing an additional 9,860 shares in the last quarter. Principal Securities Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $281,000. Lebenthal Global Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $28,788,000. Finally, Baron Silver Stevens Financial Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $392,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1 %

NASDAQ:JEPQ opened at $52.38 on Friday. The stock’s fifty day moving average is $53.67 and its two-hundred day moving average is $53.64. 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 market capitalization of $14.87 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.5569 per share. This represents a $6.68 dividend on an annualized basis and a yield of 12.76%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Tuesday, September 3rd.

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.