Jaffetilchin Investment Partners LLC Raises Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Jaffetilchin Investment Partners LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 19.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,007 shares of the company’s stock after purchasing an additional 2,813 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $922,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of JEPQ. Hazlett Burt & Watson Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after acquiring an additional 200 shares during the last quarter. Iron Horse Wealth Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock worth $37,000 after acquiring an additional 240 shares during the last quarter. TD Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $40,000. Global Wealth Strategies & Associates boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after buying an additional 200 shares during the last quarter. Finally, Roble Belko & Company Inc purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $43,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded down $1.49 during trading on Thursday, hitting $52.23. 4,075,148 shares of the company’s stock traded hands, compared to its average volume of 2,803,675. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.95 and a 1 year high of $56.18. The stock has a market capitalization of $14.83 billion, a P/E ratio of 32.10 and a beta of -0.84. The business has a 50-day simple moving average of $54.79 and a 200-day simple moving average of $53.50.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were issued a $0.4212 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Monday, July 1st. This represents a $5.05 dividend on an annualized basis and a yield of 9.68%.

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.