Samalin Investment Counsel LLC Grows Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Samalin Investment Counsel LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 41.1% in the second quarter, Holdings Channel reports. The firm owned 7,972 shares of the company’s stock after buying an additional 2,324 shares during the period. Samalin Investment Counsel LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $434,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of JEPQ. Kingstone Capital Partners Texas LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after buying an additional 86,045,601 shares during the last quarter. LPL Financial LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock worth $561,868,000 after purchasing an additional 1,936,707 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% during the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock worth $1,146,197,000 after purchasing an additional 1,879,853 shares during the period. Ameriprise Financial Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.4% in the first quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock worth $165,351,000 after acquiring an additional 1,178,637 shares during the period. Finally, Avantax Advisory Services Inc. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 574.4% during the first quarter. Avantax Advisory Services Inc. now owns 969,244 shares of the company’s stock worth $50,187,000 after purchasing an additional 825,516 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $58.77 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42. The firm’s fifty day moving average is $57.37 and its two-hundred day moving average is $54.98. The firm has a market cap of $31.74 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were given a dividend of $0.4755 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) annualized dividend and a yield of 9.7%. The ex-dividend date was Monday, November 3rd.

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.