Herold Advisors Inc. Purchases 2,139 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Herold Advisors Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 20.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,484 shares of the company’s stock after purchasing an additional 2,139 shares during the quarter. Herold Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $623,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPQ. DAVENPORT & Co LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.6% during the 3rd quarter. DAVENPORT & Co LLC now owns 48,331 shares of the company’s stock worth $2,268,000 after buying an additional 7,217 shares during the period. Avior Wealth Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 67.4% during the 3rd quarter. Avior Wealth Management LLC now owns 1,103 shares of the company’s stock worth $52,000 after buying an additional 444 shares during the period. Newbridge Financial Services Group Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 46.4% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 732 shares of the company’s stock worth $34,000 after buying an additional 232 shares during the period. Galvin Gaustad & Stein LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 38.3% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 8,300 shares of the company’s stock worth $390,000 after buying an additional 2,300 shares during the period. Finally, UMB Bank n.a. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $44,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.4 %

Shares of JEPQ traded up $0.72 on Friday, hitting $52.66. The company’s stock had a trading volume of 3,631,871 shares, compared to its average volume of 2,738,557. The firm’s fifty day moving average price is $53.14 and its 200-day moving average price is $50.75. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.62 and a fifty-two week high of $54.47. The firm has a market capitalization of $12.09 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.4273 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 annualized dividend and a dividend yield of 9.74%.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.