JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Ring Mountain Capital LLC

Ring Mountain Capital LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 19.0% during the 2nd quarter, Holdings Channel reports. The firm owned 48,821 shares of the company’s stock after acquiring an additional 7,794 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 1.6% of Ring Mountain Capital LLC’s holdings, making the stock its 15th biggest position. Ring Mountain Capital LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,670,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. San Luis Wealth Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock valued at $2,733,000 after purchasing an additional 3,047 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $73,000. US Bancorp DE lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.7% during the first quarter. US Bancorp DE now owns 28,482 shares of the company’s stock valued at $1,475,000 after buying an additional 2,978 shares during the period. Etesian Wealth Advisors Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 39.6% during the second quarter. Etesian Wealth Advisors Inc. now owns 24,164 shares of the company’s stock worth $1,315,000 after acquiring an additional 6,859 shares during the last quarter. Finally, Wagner Wealth Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 23.9% during the second quarter. Wagner Wealth Management LLC now owns 60,443 shares of the company’s stock worth $3,288,000 after acquiring an additional 11,646 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $58.19 on Wednesday. The stock has a fifty day moving average of $57.18 and a two-hundred day moving average of $54.73. The company has a market capitalization of $31.61 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 5th. Investors of record on Monday, November 3rd will be paid a $0.4755 dividend. The ex-dividend date is Monday, November 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) annualized dividend and a yield of 9.8%.

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.