Concord Wealth Partners Acquires 709 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Concord Wealth Partners raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,310 shares of the company’s stock after purchasing an additional 709 shares during the period. Concord Wealth Partners’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,214,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Legacy Financial Group LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at about $27,000. Global Wealth Strategies & Associates acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $27,000. Valley National Advisers Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at approximately $31,000. Hazlett Burt & Watson Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after buying an additional 200 shares in the last quarter. Finally, Iron Horse Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after buying an additional 240 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

Shares of NASDAQ:JEPQ traded up $0.11 during midday trading on Wednesday, hitting $52.15. The stock had a trading volume of 2,562,686 shares, compared to its average volume of 2,754,796. The company’s 50-day moving average price is $53.15 and its 200-day moving average price is $50.87. The company has a market capitalization of $12.18 billion, a P/E ratio of 33.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.62 and a fifty-two week high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given 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 dividend yield of 9.83%.

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.