HBC Financial Services PLLC Has $97,000 Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

HBC Financial Services PLLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 26.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,900 shares of the company’s stock after purchasing an additional 400 shares during the period. HBC Financial Services PLLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $97,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Valmark Advisers Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $221,000. Allworth Financial LP raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 58.5% in the 4th quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock valued at $59,000 after acquiring an additional 439 shares during the period. Concourse Financial Group Securities Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock valued at $367,000 after acquiring an additional 285 shares during the period. International Assets Investment Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.9% in the 4th quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock valued at $1,760,000 after acquiring an additional 2,268 shares during the period. Finally, Stratos Wealth Advisors LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $348,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.6 %

Shares of JEPQ traded up $0.35 during mid-day trading on Friday, hitting $55.98. 1,341,809 shares of the company’s stock were exchanged, compared to its average volume of 2,717,700. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $56.18. The stock’s 50-day simple moving average is $54.57 and its 200-day simple moving average is $53.04. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a $0.4212 dividend. This represents a $5.05 dividend on an annualized basis and a yield of 9.03%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Monday, July 1st.

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.