JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 33.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 19,489 shares of the company’s stock after purchasing an additional 4,847 shares during the quarter. Mayfair Advisory Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,057,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% during the third quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock valued at $259,768,000 after acquiring an additional 5,466,397 shares in the last quarter. International Assets Investment Management LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% during the 4th quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock worth $87,883,000 after purchasing an additional 1,727,136 shares during the last quarter. Global Assets Advisory LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $60,320,000. Royal Bank of Canada boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 106.3% during the 3rd quarter. Royal Bank of Canada now owns 1,277,849 shares of the company’s stock valued at $59,970,000 after buying an additional 658,431 shares during the last quarter. Finally, Lebenthal Global Advisors LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $28,788,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1 %

NASDAQ JEPQ traded down $0.06 during trading hours on Friday, reaching $55.50. 3,608,509 shares of the company traded hands, compared to its average volume of 2,705,804. The stock has a market capitalization of $13.11 billion, a PE 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 $55.84. The company has a 50 day moving average of $53.99 and a two-hundred day moving average of $52.74.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were issued a $0.4497 dividend. The ex-dividend date was Monday, June 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.40 annualized dividend and a dividend yield of 9.72%.

JPMorgan Nasdaq Equity Premium Income ETF 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.