Roble Belko & Company Inc Acquires New Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Roble Belko & Company Inc acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 871 shares of the company’s stock, valued at approximately $43,000.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPQ. Legacy Financial Group LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $27,000. Global Wealth Strategies & Associates acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $27,000. Valley National Advisers Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth about $31,000. Hazlett Burt & Watson Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after acquiring an additional 200 shares during the period. Finally, Newbridge Financial Services Group Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 46.4% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 732 shares of the company’s stock worth $34,000 after acquiring an additional 232 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock traded up $0.75 on Tuesday, reaching $52.06. 2,135,487 shares of the company were exchanged, compared to its average volume of 2,713,173. The company has a market cap of $11.77 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84. The company has a 50-day moving average of $53.15 and a 200-day moving average of $50.66. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.12 and a one year high of $54.47.

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 given a dividend of $0.4273 per share. This represents a $5.13 dividend on an annualized basis and a dividend yield of 9.85%. The ex-dividend date was Monday, April 1st. This is a boost 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.