Hennion & Walsh Asset Management Inc. Has $15.66 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Hennion & Walsh Asset Management Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.3% in the 2nd quarter, Holdings Channel reports. The firm owned 254,749 shares of the company’s stock after buying an additional 10,487 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $15,657,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Bank of America Corp DE raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after buying an additional 1,533,280 shares in the last quarter. Morgan Stanley grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the fourth quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock valued at $1,308,157,000 after acquiring an additional 1,408,923 shares during the last quarter. Equitable Holdings Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 178.3% during the fourth quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock worth $111,739,000 after acquiring an additional 1,231,809 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after acquiring an additional 589,696 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% in the first quarter. Royal Bank of Canada now owns 4,606,395 shares of the company’s stock worth $255,748,000 after acquiring an additional 517,693 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.7%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.74 on Friday. The firm has a market capitalization of $40.88 billion, a PE ratio of 32.17 and a beta of 0.82. The firm’s 50 day moving average is $59.59 and its 200 day moving average is $58.67. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $53.51 and a 1 year high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a $0.705 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64. This represents a c) dividend on an annualized basis and a yield of 14.2%. The ex-dividend date was Monday, August 3rd.

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.