Axxcess Wealth Management LLC Has $2.78 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Axxcess Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,277 shares of the company’s stock after buying an additional 5,039 shares during the quarter. Axxcess Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,781,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEPQ. UBS Group AG increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 18.7% during the fourth quarter. UBS Group AG now owns 2,399,478 shares of the company’s stock valued at $119,806,000 after acquiring an additional 378,697 shares during the period. Osaic Holdings Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% in the first quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock worth $129,587,000 after purchasing an additional 493,420 shares during the period. RiverFront Investment Group LLC increased its holdings 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 valued at $115,920,000 after buying an additional 161,132 shares during the period. International Assets Investment Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock valued at $87,883,000 after buying an additional 1,727,136 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,502,448 shares of the company’s stock valued at $81,493,000 after acquiring an additional 64,975 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9 %

NASDAQ:JEPQ traded up $0.48 during mid-day trading on Friday, hitting $52.96. The company’s stock had a trading volume of 3,227,503 shares, compared to its average volume of 2,781,288. The company has a market capitalization of $14.75 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18. The stock has a fifty day moving average of $54.89 and a 200-day moving average of $53.40.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a $0.4212 dividend. The ex-dividend date of this dividend was Monday, July 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.05 dividend on an annualized basis and a dividend yield of 9.54%.

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.