Concourse Financial Group Securities Inc. Has $465,000 Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Concourse Financial Group Securities Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 42.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,013 shares of the company’s stock after purchasing an additional 2,396 shares during the period. Concourse Financial Group Securities Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $465,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in JEPQ. O Shaughnessy Asset Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after buying an additional 254 shares in the last quarter. Mainstream Capital Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $28,000. Crewe Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after acquiring an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Finally, Kestra Investment Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $47.69 on Tuesday. The company has a market cap of $21.76 billion, a price-to-earnings ratio of 28.28 and a beta of -0.84. The stock has a fifty day moving average price of $52.63 and a two-hundred day moving average price of $55.20. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.5407 dividend. This represents a $6.49 dividend on an annualized basis and a dividend yield of 13.61%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. The ex-dividend date was Tuesday, April 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.