WealthTrust Asset Management LLC Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

WealthTrust Asset Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,000 shares of the company’s stock, valued at approximately $222,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% during the second quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after acquiring an additional 1,017,261 shares during the period. Envestnet Asset Management Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock valued at $159,473,000 after purchasing an additional 174,473 shares during the period. Osaic Holdings Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% in 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 last quarter. RiverFront Investment Group LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% in the 1st quarter. RiverFront Investment Group LLC now owns 2,137,181 shares of the company’s stock worth $115,920,000 after buying an additional 161,132 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock worth $99,637,000 after buying an additional 292,808 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.42 on Friday. The company has a market cap of $15.45 billion, a PE ratio of 32.10 and a beta of -0.84. The firm has a fifty day moving average price of $53.15 and a two-hundred day moving average price of $53.66. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.5569 per share. This represents a $6.68 annualized dividend and a yield of 12.28%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend 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.