Westwood Holdings Group Inc. Increases Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Westwood Holdings Group Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 320,418 shares of the company’s stock after purchasing an additional 22,135 shares during the period. Westwood Holdings Group Inc. owned approximately 0.06% of JPMorgan Nasdaq Equity Premium Income ETF worth $17,431,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Thoroughbred Financial Services LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 35.7% in the second quarter. Thoroughbred Financial Services LLC now owns 115,529 shares of the company’s stock worth $6,284,000 after purchasing an additional 30,423 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the second quarter. Cetera Investment Advisers now owns 1,689,508 shares of the company’s stock worth $91,909,000 after buying an additional 103,290 shares during the period. Advisory Resource Group lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.5% during the 2nd quarter. Advisory Resource Group now owns 86,301 shares of the company’s stock worth $4,695,000 after acquiring an additional 7,453 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 31.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 26,372 shares of the company’s stock valued at $1,435,000 after acquiring an additional 6,256 shares during the period. Finally, Hibernia Wealth Partners LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 256.0% during the 2nd quarter. Hibernia Wealth Partners LLC now owns 58,253 shares of the company’s stock valued at $3,169,000 after acquiring an additional 41,889 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1%

JEPQ stock opened at $57.82 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $59.42. The firm has a market cap of $31.22 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The business’s fifty day simple moving average is $57.60 and its two-hundred day simple moving average is $55.15.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were paid a $0.4755 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 9.9%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45.

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.