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

Interchange Capital Partners LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 41.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,538 shares of the company’s stock after acquiring an additional 3,678 shares during the quarter. Interchange Capital Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $696,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Cascade Financial Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $202,000. Essex Financial Services Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the 2nd quarter. Essex Financial Services Inc. now owns 10,954 shares of the company’s stock valued at $608,000 after buying an additional 690 shares during the period. Dover Advisors LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth about $656,000. Aptus Capital Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.3% during the second quarter. Aptus Capital Advisors LLC now owns 31,088 shares of the company’s stock worth $1,725,000 after acquiring an additional 700 shares during the period. Finally, Semus Wealth Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 22.4% during the second quarter. Semus Wealth Partners LLC now owns 45,924 shares of the company’s stock valued at $2,549,000 after acquiring an additional 8,414 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9 %

Shares of NASDAQ JEPQ traded up $0.48 during trading hours 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. The business’s fifty day moving average price is $53.87 and its two-hundred day moving average price is $53.64. The firm has a market cap of $15.35 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.