Flynn Zito Capital Management LLC Acquires 12,166 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Flynn Zito Capital Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 48.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 37,072 shares of the company’s stock after purchasing an additional 12,166 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.1% of Flynn Zito Capital Management LLC’s holdings, making the stock its 20th largest position. Flynn Zito Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,057,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Global Assets Advisory LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $60,320,000. Cetera Investment Advisers boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 550.6% in the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock worth $57,049,000 after purchasing an additional 890,120 shares during the last quarter. Jane Street Group LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% in the 1st quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock worth $43,071,000 after purchasing an additional 783,584 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the 1st quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock valued at $129,587,000 after buying an additional 493,420 shares during the period. Finally, Advance Capital Management Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4,708.2% during the 2nd quarter. Advance Capital Management Inc. now owns 413,122 shares of the company’s stock valued at $22,928,000 after buying an additional 404,530 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $51.36 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.95 and a one year high of $56.18. The firm has a market capitalization of $14.58 billion, a P/E ratio of 32.10 and a beta of -0.84. The business has a fifty day moving average of $53.58 and a 200 day moving average of $53.63.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.5569 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $6.68 annualized dividend and a dividend yield of 13.01%. 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 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.