7,333 Shares in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Acquired by Steele Capital Management Inc.

Steele Capital Management Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,333 shares of the company’s stock, valued at approximately $398,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Global Wealth Strategies & Associates acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $27,000. Hazlett Burt & Watson Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares during the period. Iron Horse Wealth Management LLC raised its holdings in shares of 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 acquiring an additional 240 shares during the period. TD Capital Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $40,000. Finally, Roble Belko & Company Inc acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $43,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ traded up $0.13 on Monday, reaching $55.21. 3,046,989 shares of the company traded hands, compared to its average volume of 2,708,957. The stock’s 50 day moving average price is $54.06 and its 200-day moving average price is $52.78. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $55.84. The company has a market cap of $13.04 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be given a dividend of $0.4212 per share. The ex-dividend date is Monday, July 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous 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.