Hilltop Wealth Advisors LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Hilltop Wealth Advisors LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 436,283 shares of the company’s stock after buying an additional 18,095 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 12.8% of Hilltop Wealth Advisors LLC’s holdings, making the stock its 2nd biggest holding. Hilltop Wealth Advisors LLC owned approximately 0.10% of JPMorgan Nasdaq Equity Premium Income ETF worth $22,591,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC boosted its stake in shares of 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 purchasing an additional 177 shares in the last quarter. PDS Planning Inc boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the 4th quarter. PDS Planning Inc now owns 36,894 shares of the company’s stock valued at $2,080,000 after purchasing an additional 206 shares in the last quarter. Lifeworks Advisors LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.0% in the 4th quarter. Lifeworks Advisors LLC now owns 8,228 shares of the company’s stock valued at $464,000 after purchasing an additional 243 shares in the last quarter. Consolidated Planning Corp boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the 4th quarter. Consolidated Planning Corp now owns 28,286 shares of the company’s stock valued at $1,595,000 after purchasing an additional 245 shares in the last quarter. Finally, Indie Asset Partners LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.6% in the 4th quarter. Indie Asset Partners LLC now owns 9,683 shares of the company’s stock valued at $546,000 after purchasing an additional 247 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $53.04 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54. The company’s fifty day moving average is $51.18 and its 200-day moving average is $54.27. The company has a market capitalization of $24.78 billion, a PE ratio of 30.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.6207 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60. This represents a $7.45 annualized dividend and a yield of 14.04%. The ex-dividend date was Monday, June 2nd.

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.