Marshall Financial Group LLC Raises Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Marshall Financial Group LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 284,660 shares of the company’s stock after purchasing an additional 24,925 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises 4.4% of Marshall Financial Group LLC’s holdings, making the stock its 2nd biggest position. Marshall Financial Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $15,799,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.9% in the 4th quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock valued at $1,760,000 after purchasing an additional 2,268 shares during the period. Avior Wealth Management LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 100.1% in the 4th quarter. Avior Wealth Management LLC now owns 2,207 shares of the company’s stock valued at $110,000 after buying an additional 1,104 shares during the period. Onyx Bridge Wealth Group LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $328,000. J.W. Cole Advisors Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.9% in the 4th quarter. J.W. Cole Advisors Inc. now owns 18,343 shares of the company’s stock valued at $916,000 after buying an additional 2,095 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,791.0% during the 4th quarter. Signaturefd LLC now owns 1,475 shares of the company’s stock worth $74,000 after acquiring an additional 1,397 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.1 %

NASDAQ JEPQ traded up $0.08 on Friday, reaching $53.45. The company’s stock had a trading volume of 1,688,838 shares, compared to its average volume of 2,876,164. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $56.18. The firm has a market cap of $15.17 billion, a PE ratio of 32.10 and a beta of -0.84. The business has a 50-day moving average price of $54.13 and a 200 day moving average price of $53.51.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a $0.4268 dividend. The ex-dividend date was Thursday, August 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.12 dividend on an annualized basis and a dividend yield of 9.58%.

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.