SlateStone Wealth LLC Acquires New Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

SlateStone Wealth LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 53,209 shares of the company’s stock, valued at approximately $2,657,000.

Other large investors have also recently added to or reduced their stakes in the company. Roble Belko & Company Inc acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $43,000. PDS Planning Inc acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $454,000. Greenwich Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $985,000. Capital Investment Advisory Services LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 24,359 shares of the company’s stock worth $1,216,000 after purchasing an additional 7,474 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the 4th quarter. CWM LLC now owns 214,761 shares of the company’s stock worth $10,723,000 after acquiring an additional 5,327 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.8 %

Shares of JEPQ stock traded up $0.44 during trading hours on Wednesday, hitting $52.54. 491,111 shares of the company were exchanged, compared to its average volume of 2,693,253. The firm has a market cap of $12.07 billion, a PE ratio of 33.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.12 and a 1 year high of $54.47. The firm has a fifty day moving average of $53.15 and a 200 day moving average of $50.70.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.4273 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 annualized dividend and a dividend yield of 9.76%. The ex-dividend date was Monday, April 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.