Abbot Financial Management Inc. Makes New $703,000 Investment in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Abbot Financial Management Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,932 shares of the company’s stock, valued at approximately $703,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Vienna Asset Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.6% in the second quarter. Vienna Asset Management LLC now owns 199,311 shares of the company’s stock valued at $10,843,000 after buying an additional 29,892 shares in the last quarter. White Knight Strategic Wealth Advisors LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $201,000. Ausdal Financial Partners Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.5% during the second quarter. Ausdal Financial Partners Inc. now owns 18,738 shares of the company’s stock worth $1,019,000 after buying an additional 1,779 shares in the last quarter. NCM Capital Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.2% in the second quarter. NCM Capital Management LLC now owns 19,299 shares of the company’s stock valued at $1,051,000 after buying an additional 3,247 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the second quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock valued at $212,896,000 after buying an additional 94,985 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $58.18 on Friday. The firm has a market cap of $31.42 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $59.42. The firm’s 50 day moving average price is $58.05 and its 200 day moving average price is $55.98.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a $0.5532 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a yield of 11.4%.

About JPMorgan Nasdaq Equity Premium Income ETF

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.