Commonwealth Equity Services LLC Acquires 292,808 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Commonwealth Equity Services LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 19.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,795,256 shares of the company’s stock after acquiring an additional 292,808 shares during the quarter. Commonwealth Equity Services LLC owned 0.64% of JPMorgan Nasdaq Equity Premium Income ETF worth $99,637,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Beacon Capital Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $26,000. SJS Investment Consulting Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $28,000. TD Capital Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $40,000. Global Wealth Strategies & Associates grew its holdings in 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 purchasing an additional 200 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ stock opened at $54.08 on Friday. The stock has a fifty day moving average of $53.87 and a 200-day moving average of $53.64. 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 company has a market capitalization of $15.35 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were given a dividend of $0.4268 per share. 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.

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.