M.E. Allison & CO. Inc. Acquires 22,935 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

M.E. Allison & CO. Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 133.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 40,167 shares of the company’s stock after acquiring an additional 22,935 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 1.8% of M.E. Allison & CO. Inc.’s investment portfolio, making the stock its 10th largest position. M.E. Allison & CO. Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,185,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. MGO One Seven LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.9% in the 2nd quarter. MGO One Seven LLC now owns 172,809 shares of the company’s stock valued at $9,401,000 after acquiring an additional 4,911 shares during the last quarter. ONE Advisory Partners LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at about $306,000. Ellis Investment Partners LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.0% in the 2nd quarter. Ellis Investment Partners LLC now owns 269,227 shares of the company’s stock valued at $14,646,000 after acquiring an additional 5,344 shares during the last quarter. Yarger Wealth Strategies LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 19.6% in the 2nd quarter. Yarger Wealth Strategies LLC now owns 9,514 shares of the company’s stock valued at $518,000 after acquiring an additional 1,557 shares during the last quarter. Finally, Retirement Planning Group LLC NY grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 106.4% in the 2nd quarter. Retirement Planning Group LLC NY now owns 10,683 shares of the company’s stock valued at $581,000 after acquiring an additional 5,506 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.3%

Shares of NASDAQ JEPQ opened at $56.33 on Monday. The stock has a market cap of $30.36 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54. The company’s 50-day moving average price is $56.22 and its 200 day moving average price is $53.64.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.4461 dividend. This represents a c) dividend on an annualized basis and a yield of 9.5%. The ex-dividend date of this dividend was Wednesday, October 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

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.