Apollon Wealth Management LLC Has $3.79 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Apollon Wealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,904 shares of the company’s stock after purchasing an additional 6,888 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,790,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Global Wealth Strategies & Associates bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $27,000. Valley National Advisers Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $31,000. Hazlett Burt & Watson Inc. increased its stake 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 purchasing an additional 200 shares in the last quarter. Iron Horse Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock worth $37,000 after buying an additional 240 shares during the period. Finally, BluePath Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $40,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.9 %

Shares of JEPQ stock traded up $0.50 during trading hours on Monday, hitting $53.25. 3,682,158 shares of the company were exchanged, compared to its average volume of 2,770,436. The company has a market capitalization of $12.58 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $54.47. The business has a 50 day moving average of $53.12 and a two-hundred day moving average of $51.01.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be issued a dividend of $0.4311 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.17 dividend on an annualized basis and a dividend yield of 9.72%.

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.