JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Lifestyle Asset Management Inc.

Lifestyle Asset Management Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,197 shares of the company’s stock after purchasing an additional 1,986 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 1.1% of Lifestyle Asset Management Inc.’s portfolio, making the stock its 14th largest holding. Lifestyle Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Hazlett Burt & Watson Inc. lifted its holdings in 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 valued at $31,000 after acquiring an additional 200 shares during the last quarter. Global Wealth Strategies & Associates lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares during the last quarter. Atlantic Union Bankshares Corp lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the first quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after acquiring an additional 237 shares during the last quarter. Iron Horse Wealth Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in 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 last quarter. Finally, Panoramic Investment Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the fourth quarter. Panoramic Investment Advisors LLC now owns 12,550 shares of the company’s stock valued at $627,000 after acquiring an additional 250 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ traded up $0.19 during trading hours on Wednesday, reaching $55.64. The company’s stock had a trading volume of 3,661,011 shares, compared to its average volume of 2,718,743. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $55.84. The stock has a market cap of $13.14 billion, a PE ratio of 32.10 and a beta of -0.84. The business’s 50-day moving average is $54.20 and its 200-day moving average is $52.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st will be given a $0.4212 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date is Monday, July 1st. This represents a $5.05 dividend on an annualized basis and a yield of 9.08%.

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.