Brookstone Capital Management Buys 12,755 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Brookstone Capital Management increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 133,863 shares of the company’s stock after purchasing an additional 12,755 shares during the period. Brookstone Capital Management’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,227,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of JEPQ. Russell Investments Group Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $33,000. Cerity Partners LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the 2nd quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock worth $2,091,000 after acquiring an additional 20,946 shares in the last quarter. Diversify Advisory Services LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% in the second quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock valued at $370,000 after acquiring an additional 2,045 shares during the last quarter. Diversify Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the second quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock valued at $1,025,000 after purchasing an additional 2,566 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $60.00 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72. The firm has a market cap of $41.05 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. The business’s fifty day moving average is $59.54 and its 200-day moving average is $58.69.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a $0.705 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. This represents a c) annualized dividend and a yield of 14.1%. The ex-dividend date was Monday, August 3rd.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.