JPMorgan Nasdaq Equity Premium Income ETF $JEPQ is Mountain Capital Investment Advisors Inc.’s 8th Largest Position

Mountain Capital Investment Advisors Inc. lowered its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.2% in the second quarter, HoldingsChannel.com reports. The firm owned 177,397 shares of the company’s stock after selling 3,994 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.8% of Mountain Capital Investment Advisors Inc.’s portfolio, making the stock its 8th largest holding. Mountain Capital Investment Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,546,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. First Pacific Financial purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $25,000. AllSquare Wealth Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after buying an additional 240 shares during the period. Valley National Advisers Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 111.3% in the 1st quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after buying an additional 306 shares during the period. Mascoma Wealth Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $34,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6%

Shares of JEPQ stock opened at $57.48 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54. The stock has a market capitalization of $30.96 billion, a PE ratio of 32.17 and a beta of -0.84. The firm has a 50 day moving average of $56.46 and a two-hundred day moving average of $53.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a $0.4461 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 9.3%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.