Creekmur Asset Management LLC Makes New Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Creekmur Asset Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, Holdings Channel.com reports. The fund bought 5,692 shares of the company’s stock, valued at approximately $284,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Wealth Strategies & Associates bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $27,000. Valley National Advisers Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $31,000. Hazlett Burt & Watson Inc. increased its stake 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. Iron Horse Wealth Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after purchasing an additional 240 shares in the last quarter. Finally, TD Capital Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $40,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.0 %

Shares of JEPQ stock traded up $0.02 during trading hours on Friday, reaching $55.18. The company’s stock had a trading volume of 1,962,136 shares, compared to its average volume of 2,697,955. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $55.20. The firm’s 50 day simple moving average is $53.49 and its 200-day simple moving average is $52.26. The company has a market capitalization of $13.04 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 Wednesday, June 5th. Investors of record on Monday, June 3rd were paid a $0.4497 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.40 annualized dividend and a yield of 9.78%.

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.