Bfsg LLC Buys Shares of 3,200 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bfsg LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,200 shares of the company’s stock, valued at approximately $160,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Socha Financial Group LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.5% during the fourth quarter. Socha Financial Group LLC now owns 386,480 shares of the company’s stock valued at $19,297,000 after purchasing an additional 1,919 shares in the last quarter. Masso Torrence Wealth Management Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 42.6% in the 4th quarter. Masso Torrence Wealth Management Inc. now owns 49,808 shares of the company’s stock worth $2,487,000 after acquiring an additional 14,872 shares during the period. SlateStone Wealth LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $2,657,000. Roble Belko & Company Inc acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $43,000. Finally, PDS Planning Inc bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $454,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.4 %

NASDAQ JEPQ traded down $0.71 on Thursday, reaching $51.52. 1,170,469 shares of the stock traded hands, compared to its average volume of 2,710,166. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.44 and a 12 month high of $54.47. The firm’s fifty day simple moving average is $53.15 and its 200 day simple moving average is $50.71. The company has a market cap of $11.83 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.4273 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a yield of 9.95%. The ex-dividend date was Monday, April 1st.

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.