Hexagon Capital Partners LLC Buys 15,668 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Hexagon Capital Partners LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 28.3% during the 4th quarter, Holdings Channel reports. The firm owned 71,043 shares of the company’s stock after acquiring an additional 15,668 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.8% of Hexagon Capital Partners LLC’s investment portfolio, making the stock its 13th biggest position. Hexagon Capital Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,129,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPQ. Russell Investments Group Ltd. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $33,000. Cerity Partners LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the 2nd quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock valued at $2,091,000 after purchasing an additional 20,946 shares during the period. Diversify Advisory Services LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock valued at $370,000 after purchasing an additional 2,045 shares during the period. Diversify Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock valued at $1,025,000 after purchasing an additional 2,566 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $60.11 on Friday. The company’s fifty day moving average price is $57.83 and its 200-day moving average price is $58.15. The company has a market capitalization of $38.02 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $51.71 and a one year high of $60.15.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a dividend of $0.591 per share. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date of this dividend was Friday, May 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company 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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.