JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Holdings Boosted by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 103,749 shares of the company’s stock after buying an additional 23,828 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 3.7% of Cobblestone Asset Management LLC’s holdings, making the stock its 9th biggest holding. Cobblestone Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,758,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. SJS Investment Consulting Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $28,000. Global Wealth Strategies & Associates lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares in the last quarter. TD Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $40,000. Roble Belko & Company Inc acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $43,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.6 %

Shares of JEPQ traded up $0.86 during midday trading on Thursday, reaching $53.37. 3,159,963 shares of the company were exchanged, compared to its average volume of 2,883,735. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.95 and a 1-year high of $56.18. The company has a market cap of $15.15 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The stock has a 50-day moving average price of $54.15 and a 200-day moving average price of $53.49.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were given a $0.4268 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Thursday, August 1st. This represents a $5.12 annualized dividend and a yield of 9.60%.

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.