Bfsg LLC Buys New Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bfsg LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,200 shares of the company’s stock, valued at approximately $160,000.

Several other institutional investors and hedge funds also recently made changes to their positions in JEPQ. DAVENPORT & Co LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.6% in the third quarter. DAVENPORT & Co LLC now owns 48,331 shares of the company’s stock valued at $2,268,000 after acquiring an additional 7,217 shares during the period. Avior Wealth Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 67.4% in the third quarter. Avior Wealth Management LLC now owns 1,103 shares of the company’s stock valued at $52,000 after acquiring an additional 444 shares during the period. Newbridge Financial Services Group Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 46.4% in the third quarter. Newbridge Financial Services Group Inc. now owns 732 shares of the company’s stock valued at $34,000 after acquiring an additional 232 shares during the period. Koshinski Asset Management Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.7% in the third quarter. Koshinski Asset Management Inc. now owns 19,001 shares of the company’s stock valued at $892,000 after acquiring an additional 858 shares during the period. Finally, Galvin Gaustad & Stein LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 38.3% in the third quarter. Galvin Gaustad & Stein LLC now owns 8,300 shares of the company’s stock valued at $390,000 after acquiring an additional 2,300 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.4 %

Shares of JEPQ stock traded down $0.71 during mid-day trading on Thursday, reaching $51.52. The stock had a trading volume of 1,170,469 shares, compared to its average volume of 2,710,166. The stock’s 50-day moving average price is $53.15 and its two-hundred day moving average price is $50.71. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.44 and a 52-week high of $54.47. The firm has a market capitalization of $11.83 billion, a PE ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.4273 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $5.13 annualized dividend and a dividend yield of 9.95%. This is a boost 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.