New England Private Wealth Advisors LLC Acquires 11,297 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

New England Private Wealth Advisors LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 110,182 shares of the company’s stock after acquiring an additional 11,297 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.0% of New England Private Wealth Advisors LLC’s investment portfolio, making the stock its 29th biggest position. New England Private Wealth Advisors LLC owned about 0.06% of JPMorgan Nasdaq Equity Premium Income ETF worth $5,501,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Global Wealth Strategies & Associates bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $27,000. Legacy Financial Group LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $27,000. Hazlett Burt & Watson Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares during the last quarter. Valley National Advisers Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $31,000. Finally, Newbridge Financial Services Group Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 46.4% in the third quarter. Newbridge Financial Services Group Inc. now owns 732 shares of the company’s stock valued at $34,000 after acquiring an additional 232 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.4 %

JEPQ stock traded up $0.72 during trading on Friday, hitting $52.66. The company had a trading volume of 3,631,871 shares, compared to its average volume of 2,738,557. The business has a 50-day moving average of $53.14 and a 200-day moving average of $50.75. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.62 and a one year high of $54.47. The stock has a market cap of $12.09 billion, a PE ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.4273 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 annualized dividend and a yield of 9.74%.

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.