Pine Valley Investments Ltd Liability Co Has $8.49 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Pine Valley Investments Ltd Liability Co increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 153,026 shares of the company’s stock after buying an additional 773 shares during the period. Pine Valley Investments Ltd Liability Co owned 0.05% of JPMorgan Nasdaq Equity Premium Income ETF worth $8,493,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Comerica Bank grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the 1st quarter. Comerica Bank now owns 75,489 shares of the company’s stock worth $4,095,000 after purchasing an additional 17,500 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock valued at $367,000 after purchasing an additional 285 shares during the period. Raymond James & Associates increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after acquiring an additional 303,680 shares during the last quarter. International Assets Investment Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.9% in the fourth quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock valued at $1,760,000 after purchasing an additional 2,268 shares in the last quarter. Finally, Western Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.2% during the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock worth $798,000 after acquiring an additional 1,893 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ traded up $0.48 during mid-day trading on Friday, reaching $54.08. The stock had a trading volume of 2,476,732 shares, compared to its average volume of 2,845,134. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.95 and a one year high of $56.18. The stock has a market capitalization of $15.35 billion, a P/E ratio of 32.10 and a beta of -0.84. The firm has a 50 day moving average price of $53.87 and a two-hundred day moving average price of $53.63.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were issued a $0.4268 dividend. This represents a $5.12 dividend on an annualized basis and a yield of 9.47%. The ex-dividend date was Thursday, August 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.