JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 51,889 shares of the company’s stock after purchasing an additional 612 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,880,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of JEPQ. Beacon Capital Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $26,000. SJS Investment Consulting Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $28,000. TD Capital Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $40,000. Global Wealth Strategies & Associates boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $53.68 on Wednesday. The company’s fifty day moving average is $53.23 and its two-hundred day moving average is $53.66. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.95 and a 1-year high of $56.18. The stock has a market capitalization of $15.24 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.5569 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Tuesday, September 3rd. This represents a $6.68 annualized dividend and a yield of 12.45%.

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.