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

Milestone Asset Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 69,622 shares of the company’s stock after buying an additional 7,707 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up about 1.0% of Milestone Asset Management LLC’s portfolio, making the stock its 26th biggest holding. Milestone Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,864,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JEPQ. SJS Investment Consulting Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $28,000. TD Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $40,000. Global Wealth Strategies & Associates grew its position 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 valued at $41,000 after acquiring an additional 200 shares in the last quarter. Roble Belko & Company Inc acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $43,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ traded up $0.46 during trading hours on Monday, reaching $53.91. 2,556,866 shares of the stock traded hands, compared to its average volume of 2,874,167. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18. The company has a market cap of $15.31 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The firm’s fifty day simple moving average is $54.13 and its two-hundred day simple moving average is $53.53.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a dividend of $0.4268 per share. This represents a $5.12 dividend on an annualized basis and a dividend yield of 9.50%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend was Thursday, August 1st.

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.