JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Holdings Raised by Beta Wealth Group Inc.

Beta Wealth Group Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 61.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,100 shares of the company’s stock after acquiring an additional 62,267 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 4.3% of Beta Wealth Group Inc.’s holdings, making the stock its 6th biggest position. Beta Wealth Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,144,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Global Wealth Strategies & Associates purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $27,000. Hazlett Burt & Watson Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the last quarter. Valley National Advisers Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $31,000. Iron Horse Wealth Management LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after purchasing an additional 240 shares during the last quarter. Finally, Roble Belko & Company Inc bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $43,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

Shares of NASDAQ:JEPQ traded up $0.17 during trading on Friday, reaching $54.38. The company had a trading volume of 2,209,929 shares, compared to its average volume of 2,683,376. The company has a fifty day moving average of $53.30 and a two-hundred day moving average of $51.72. The stock has a market capitalization of $12.85 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $54.53.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 6th. Investors of record on Thursday, May 2nd were paid a $0.4311 dividend. This represents a $5.17 dividend on an annualized basis and a yield of 9.51%. The ex-dividend date of this dividend was Wednesday, May 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.