BlackDiamond Wealth Management LLC Purchases Shares of 20,148 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

BlackDiamond Wealth Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 2nd quarter, Holdings Channel reports. The fund purchased 20,148 shares of the company’s stock, valued at approximately $1,084,000.

Other hedge funds also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $26,000. Russell Investments Group Ltd. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $33,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $35,000. SVB Wealth LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at approximately $36,000. Finally, NorthRock Partners LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4%

NASDAQ JEPQ opened at $58.82 on Friday. The firm has a market capitalization of $31.76 billion, a P/E ratio of 32.17 and a beta of 0.83. The firm’s fifty day moving average price is $57.91 and its two-hundred day moving average price is $55.78. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were issued a $0.5532 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date of this dividend was Monday, December 1st. This is a positive change 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.