Onyx Bridge Wealth Group LLC Purchases New Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Onyx Bridge Wealth Group LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,573 shares of the company’s stock, valued at approximately $328,000.

A number of other institutional investors and hedge funds also recently modified their holdings of JEPQ. Legacy Financial Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at $27,000. Global Wealth Strategies & Associates bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $27,000. Sunbelt Securities Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 266.7% in the second quarter. Sunbelt Securities Inc. now owns 550 shares of the company’s stock worth $27,000 after acquiring an additional 400 shares during the period. Creative Planning bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $27,000. Finally, Valley National Advisers Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth $31,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded down $1.03 during trading hours on Friday, reaching $50.84. The company had a trading volume of 6,985,888 shares, compared to its average volume of 2,720,431. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.12 and a one year high of $54.47. The business has a fifty day simple moving average of $53.17 and a 200 day simple moving average of $50.57. The firm has a market cap of $11.50 billion, a PE ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.4273 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $5.13 annualized dividend and a dividend yield of 10.09%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.