Daymark Wealth Partners LLC Increases Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Daymark Wealth Partners LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 91.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,335 shares of the company’s stock after acquiring an additional 13,084 shares during the quarter. Daymark Wealth Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,517,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. D.A. Davidson & CO. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 86.6% during the 4th quarter. D.A. Davidson & CO. now owns 9,515 shares of the company’s stock valued at $475,000 after purchasing an additional 4,415 shares during the last quarter. Trexquant Investment LP bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $751,000. Franklin Resources Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.0% in the fourth quarter. Franklin Resources Inc. now owns 45,900 shares of the company’s stock valued at $2,292,000 after acquiring an additional 450 shares during the last quarter. Parallel Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.0% during the 4th quarter. Parallel Advisors LLC now owns 19,686 shares of the company’s stock valued at $983,000 after acquiring an additional 943 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 46.2% during the 4th quarter. Stifel Financial Corp now owns 352,976 shares of the company’s stock worth $17,624,000 after purchasing an additional 111,585 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

NASDAQ:JEPQ opened at $54.89 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18. The firm’s 50 day moving average is $53.07 and its 200 day moving average is $53.71. The stock has a market capitalization of $15.58 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.5569 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $6.68 annualized dividend and a dividend yield of 12.17%.

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.