6,665 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Purchased by Grant Private Wealth Management Inc

Grant Private Wealth Management Inc purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,665 shares of the company’s stock, valued at approximately $376,000.

Other large investors also recently added to or reduced their stakes in the company. Mainstream Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $28,000. O Shaughnessy Asset Management LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after acquiring an additional 254 shares during the last quarter. Crewe Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after acquiring an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $31,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.5 %

Shares of NASDAQ:JEPQ opened at $51.89 on Thursday. The stock has a market cap of $20.43 billion, a PE ratio of 30.12 and a beta of -0.84. The company’s fifty day moving average is $55.31 and its 200 day moving average is $55.81. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be paid a $0.5407 dividend. This represents a $6.49 dividend on an annualized basis and a dividend yield of 12.50%. The ex-dividend date is Tuesday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49.

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.