Beacon Pointe Advisors LLC Purchases 16,992 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Beacon Pointe Advisors LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 20.6% in the 2nd quarter, Holdings Channel reports. The fund owned 99,433 shares of the company’s stock after acquiring an additional 16,992 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,409,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Van Hulzen Asset Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 23.7% in the second quarter. Van Hulzen Asset Management LLC now owns 6,336 shares of the company’s stock worth $345,000 after purchasing an additional 1,214 shares during the period. Hamel Associates Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at $231,000. Bernardo Wealth Planning LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.6% in the 2nd quarter. Bernardo Wealth Planning LLC now owns 143,435 shares of the company’s stock worth $7,803,000 after buying an additional 7,602 shares during the period. Lido Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.9% in the 2nd quarter. Lido Advisors LLC now owns 34,588 shares of the company’s stock worth $1,882,000 after buying an additional 6,669 shares during the period. Finally, Quadrature Capital Ltd increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4,392.6% in the 2nd quarter. Quadrature Capital Ltd now owns 452,088 shares of the company’s stock worth $24,591,000 after acquiring an additional 442,025 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $58.58 on Thursday. The firm has a market capitalization of $31.63 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.31 and a one year high of $59.42. The company’s 50-day simple moving average is $57.84 and its 200 day simple moving average is $55.69.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a $0.5532 dividend. This represents a c) annualized dividend and a dividend yield of 11.3%. The ex-dividend date was Monday, December 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48.

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.