Capital CS Group LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Capital CS Group LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,373 shares of the company’s stock, valued at approximately $243,000.

Several other institutional investors have also recently made changes to their positions in the stock. TD Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $40,000. Global Wealth Strategies & Associates raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after purchasing an additional 200 shares in the last quarter. Roble Belko & Company Inc purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $43,000. Private Trust Co. NA boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 104.8% during the 4th quarter. Private Trust Co. NA now owns 977 shares of the company’s stock worth $49,000 after purchasing an additional 500 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth about $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ traded up $0.31 during trading on Friday, hitting $51.29. The stock had a trading volume of 2,439,640 shares, compared to its average volume of 2,888,710. The stock has a 50 day simple moving average of $54.29 and a two-hundred day simple moving average of $53.49. The company has a market capitalization of $14.56 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.95 and a twelve month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were paid a $0.4268 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.12 dividend on an annualized basis and a dividend yield of 9.98%.

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.