Westwood Holdings Group Inc. Grows Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Westwood Holdings Group Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 320,418 shares of the company’s stock after acquiring an additional 22,135 shares during the period. Westwood Holdings Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $17,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of JEPQ. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $26,000. Russell Investments Group Ltd. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $33,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $35,000. SVB Wealth LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at $36,000. Finally, AllSquare Wealth Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 59.8% in the 2nd quarter. AllSquare Wealth Management LLC now owns 802 shares of the company’s stock valued at $44,000 after acquiring an additional 300 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.4%

JEPQ opened at $58.18 on Monday. The firm has a market cap of $31.42 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.31 and a 12 month high of $59.42. The stock has a fifty day moving average price of $58.05 and a 200-day moving average price of $56.03.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.5532 per share. The ex-dividend date of this dividend was Monday, December 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. This represents a c) annualized dividend and a dividend yield of 11.4%.

JPMorgan Nasdaq Equity Premium Income ETF 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.