Rialto Wealth Management LLC Makes New $106,000 Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Rialto Wealth Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 1,882 shares of the company’s stock, valued at approximately $106,000.

Other institutional investors have also made changes to their positions in the company. Venturi Wealth Management LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% in the 4th 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. Glen Eagle Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% during the third quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after purchasing an additional 188 shares during the last quarter. Fortis Advisors LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the fourth quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock valued at $405,000 after purchasing an additional 198 shares in the last quarter. Mayflower Financial Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock worth $282,000 after purchasing an additional 200 shares during the last quarter. Finally, Round Rock Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.4% during the 4th quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock worth $808,000 after buying an additional 200 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $53.76 on Friday. The business’s fifty day moving average price is $56.87 and its two-hundred day moving average price is $55.90. The firm has a market capitalization of $21.17 billion, a price-to-earnings ratio of 33.40 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.4824 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date of this dividend was Monday, March 3rd.

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.