PDS Planning Inc Purchases 2,511 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

PDS Planning Inc raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 39,405 shares of the company’s stock after buying an additional 2,511 shares during the quarter. PDS Planning Inc’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,040,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Venturi Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% in the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after acquiring an additional 177 shares in the last quarter. IFP Advisors Inc boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.2% in the 4th quarter. IFP Advisors Inc now owns 39,328 shares of the company’s stock worth $2,217,000 after purchasing an additional 2,628 shares in the last quarter. BankPlus Trust Department purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $52,000. Bank of New York Mellon Corp grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 10.0% during the 4th quarter. Bank of New York Mellon Corp now owns 7,325 shares of the company’s stock worth $413,000 after buying an additional 663 shares during the last quarter. Finally, ORBA Wealth Advisors L.L.C. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.7% during the 4th quarter. ORBA Wealth Advisors L.L.C. now owns 51,640 shares of the company’s stock valued at $2,911,000 after buying an additional 2,305 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.3%

JEPQ opened at $53.90 on Thursday. The company has a market cap of $27.20 billion, a P/E ratio of 32.17 and a beta of 0.85. The firm’s 50-day moving average price is $51.94 and its 200-day moving average price is $54.02. 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 business also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were given a dividend of $0.6207 per share. This represents a $7.45 annualized dividend and a yield of 13.82%. The ex-dividend date was Monday, June 2nd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60.

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.