Waterloo Capital L.P. Makes New $3.45 Million Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Waterloo Capital L.P. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the second quarter, Holdings Channel.com reports. The fund purchased 62,129 shares of the company’s stock, valued at approximately $3,448,000.

Several other hedge funds have also recently modified their holdings of JEPQ. Beacon Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $26,000. SJS Investment Consulting Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $28,000. TD Capital Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $40,000. Global Wealth Strategies & Associates boosted 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 buying an additional 200 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.1 %

JEPQ opened at $53.68 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $56.18. The firm has a 50 day moving average of $53.23 and a two-hundred day moving average of $53.66. The firm has a market capitalization of $15.24 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.5569 per share. This represents a $6.68 annualized dividend and a dividend yield of 12.45%. The ex-dividend date was Tuesday, September 3rd. This is a boost 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.