JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,889 shares of the company’s stock after buying an additional 612 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,880,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JEPQ. Beacon Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $26,000. SJS Investment Consulting Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $28,000. Global Wealth Strategies & Associates boosted its position 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 worth $41,000 after purchasing an additional 200 shares in the last quarter. TD Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1 %

NASDAQ:JEPQ opened at $53.68 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $56.18. The stock has a fifty day simple moving average of $53.23 and a 200-day simple moving average of $53.66. The company has a market capitalization of $15.24 billion, a PE 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 Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.5569 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $6.68 dividend on an annualized basis and a yield of 12.45%. This is a boost 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.