HUB Investment Partners LLC Grows Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

HUB Investment Partners LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 19.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 294,663 shares of the company’s stock after purchasing an additional 47,891 shares during the quarter. HUB Investment Partners LLC owned about 0.05% of JPMorgan Nasdaq Equity Premium Income ETF worth $16,949,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sequent Planning LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $1,582,000. Sunpointe LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the third quarter. Sunpointe LLC now owns 59,325 shares of the company’s stock valued at $3,412,000 after buying an additional 2,795 shares during the period. Aptus Capital Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.1% during the 3rd quarter. Aptus Capital Advisors LLC now owns 39,096 shares of the company’s stock valued at $2,249,000 after buying an additional 2,604 shares in the last quarter. Perennial Investment Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.1% during the 3rd quarter. Perennial Investment Advisors LLC now owns 60,806 shares of the company’s stock valued at $3,498,000 after buying an additional 3,521 shares in the last quarter. Finally, Smith Moore & CO. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.2% in the 3rd quarter. Smith Moore & CO. now owns 64,246 shares of the company’s stock worth $3,695,000 after buying an additional 5,389 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.85 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $60.14. The firm has a market cap of $32.81 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The company has a 50-day moving average of $58.42 and a 200 day moving average of $57.82.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.509 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.