Clearstead Trust LLC Takes $263,000 Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Clearstead Trust LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,833 shares of the company’s stock, valued at approximately $263,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WealthShield Partners LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the 1st quarter. WealthShield Partners LLC now owns 8,651 shares of the company’s stock valued at $448,000 after buying an additional 207 shares during the period. Forum Financial Management LP increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.7% during the second quarter. Forum Financial Management LP now owns 4,680 shares of the company’s stock valued at $255,000 after acquiring an additional 209 shares during the last quarter. Fortis Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.5% in the second quarter. Fortis Advisors LLC now owns 6,966 shares of the company’s stock valued at $379,000 after acquiring an additional 234 shares during the period. AllSquare Wealth Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the first quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after acquiring an additional 240 shares during the period. Finally, Cascade Financial Partners LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the first quarter. Cascade Financial Partners LLC now owns 3,886 shares of the company’s stock worth $201,000 after purchasing an additional 245 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.82 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $59.42. The company has a market cap of $31.22 billion, a P/E ratio of 32.17 and a beta of 0.83. The business has a 50-day simple moving average of $57.60 and a two-hundred day simple moving average of $55.13.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were given a dividend of $0.4755 per share. This represents a c) annualized dividend and a yield of 9.9%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. The ex-dividend date was Monday, November 3rd.

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.