Transcend Capital Advisors LLC Grows Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Transcend Capital Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,999 shares of the company’s stock after purchasing an additional 357 shares during the quarter. Transcend Capital Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,609,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in JEPQ. International Assets Investment Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% in the fourth quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock worth $87,883,000 after acquiring an additional 1,727,136 shares during the period. Global Assets Advisory LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth $60,320,000. Cetera Investment Advisers lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 550.6% in the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock worth $57,049,000 after acquiring an additional 890,120 shares during the period. Jane Street Group LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% during the first quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock valued at $43,071,000 after buying an additional 783,584 shares during the period. Finally, Lebenthal Global Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $28,788,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.1 %

JPMorgan Nasdaq Equity Premium Income ETF stock traded down $1.11 on Friday, hitting $51.14. 9,301,614 shares of the stock traded hands, compared to its average volume of 2,848,047. The firm has a market cap of $14.52 billion, a P/E ratio of 32.10 and a beta of -0.84. The business’s fifty day simple moving average is $54.69 and its 200 day simple moving average is $53.51. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.95 and a 1 year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 5th. Stockholders of record on Thursday, August 1st will be given a $0.4268 dividend. This represents a $5.12 annualized dividend and a dividend yield of 10.01%. The ex-dividend date is Thursday, August 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

JPMorgan Nasdaq Equity Premium Income ETF 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.