Bay Colony Advisory Group Inc d b a Bay Colony Advisors Makes New $418,000 Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 7,677 shares of the company’s stock, valued at approximately $418,000.

Other large investors also recently bought and sold shares of the company. AllSquare Wealth Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% during the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock worth $26,000 after buying an additional 240 shares during the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at approximately $35,000. SVB Wealth LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at approximately $36,000. Bear Mountain Capital Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 31.4% during the 1st quarter. Bear Mountain Capital Inc. now owns 1,046 shares of the company’s stock valued at $54,000 after purchasing an additional 250 shares during the period. Finally, Pin Oak Investment Advisors Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 33.7% during the 1st quarter. Pin Oak Investment Advisors Inc. now owns 1,076 shares of the company’s stock valued at $56,000 after purchasing an additional 271 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $59.10 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.42. The firm has a market capitalization of $31.93 billion, a P/E ratio of 32.17 and a beta of 0.83. The business has a 50 day simple moving average of $57.07 and a 200 day simple moving average of $54.55.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.4461 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 9.1%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

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.