Turn8 Private Wealth Inc. Buys Shares of 56,500 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Turn8 Private Wealth Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 1st quarter, Holdings Channel reports. The firm bought 56,500 shares of the company’s stock, valued at approximately $2,926,000. JPMorgan Nasdaq Equity Premium Income ETF makes up 2.3% of Turn8 Private Wealth Inc.’s investment portfolio, making the stock its 27th biggest holding.

Several other institutional investors have also recently made changes to their positions in JEPQ. First Pacific Financial purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth about $25,000. Future Financial Wealth Managment LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at about $26,000. AllSquare Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after purchasing an additional 240 shares in the last quarter. Capital A Wealth Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $29,000. Finally, Valley National Advisers Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 111.3% during the first quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after purchasing an additional 306 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1%

Shares of JEPQ stock opened at $56.20 on Thursday. The firm has a market cap of $29.36 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 is $55.12 and its 200 day moving average is $53.12.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 4th. Stockholders of record on Tuesday, September 2nd were issued a $0.442 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%.

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.