Level Four Advisory Services LLC Purchases 23,255 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Level Four Advisory Services LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 161.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 37,649 shares of the company’s stock after buying an additional 23,255 shares during the quarter. Level Four Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,048,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JEPQ. Russell Investments Group Ltd. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth about $33,000. Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $35,000. SVB Wealth LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $36,000. NorthRock Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $59,000. Finally, SouthState Corp purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $72,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $58.85 on Friday. The company has a market cap of $31.78 billion, a PE ratio of 32.17 and a beta of 0.83. The firm’s 50 day moving average price is $57.77 and its 200-day moving average price is $55.56. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were given a dividend of $0.4755 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 9.7%.

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.