BankPlus Trust Department Purchases 858 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

BankPlus Trust Department boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 17.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,692 shares of the company’s stock after purchasing an additional 858 shares during the quarter. BankPlus Trust Department’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $310,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPQ. First Pacific Financial acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $25,000. AllSquare Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the 1st quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after acquiring an additional 240 shares in the last quarter. Valley National Advisers Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 111.3% in the 1st quarter. Valley National Advisers Inc. now owns 581 shares of the company’s stock valued at $30,000 after acquiring an additional 306 shares in the last quarter. Mascoma Wealth Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at $34,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.32 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54. The stock has a market capitalization of $30.92 billion, a P/E ratio of 32.17 and a beta of -0.84. The stock has a fifty day moving average of $56.07 and a 200-day moving average of $53.56.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.4461 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%.

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.