Ulland Investment Advisors LLC Has $3.95 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Ulland Investment Advisors LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6,225.3% in the 1st quarter, Holdings Channel reports. The firm owned 76,283 shares of the company’s stock after acquiring an additional 75,077 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 3.3% of Ulland Investment Advisors LLC’s holdings, making the stock its 12th largest position. Ulland Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,950,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $26,000. Mainstream Capital Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $28,000. O Shaughnessy Asset Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 107.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock worth $28,000 after buying an additional 254 shares in the last quarter. Capital A Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $29,000. Finally, Kestra Investment Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $52.92 on Thursday. The company has a fifty day moving average of $51.06 and a 200-day moving average of $54.29. The company has a market capitalization of $24.72 billion, a PE ratio of 30.29 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.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were paid a $0.6207 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $7.45 annualized dividend and a dividend yield of 14.08%.

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.