HighMark Wealth Management LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

HighMark Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 123.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,086 shares of the company’s stock after buying an additional 2,261 shares during the period. HighMark Wealth Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $222,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of JEPQ. San Luis Wealth Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the second quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock valued at $2,733,000 after purchasing an additional 3,047 shares in the last quarter. Blodgett Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth about $331,000. US Bancorp DE boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 11.7% in the 1st quarter. US Bancorp DE now owns 28,482 shares of the company’s stock worth $1,475,000 after purchasing an additional 2,978 shares during the period. Howard Capital Management Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 12.9% during the 1st quarter. Howard Capital Management Inc. now owns 376,654 shares of the company’s stock valued at $19,503,000 after buying an additional 43,049 shares in the last quarter. Finally, Focus Financial Network Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.2% during the second quarter. Focus Financial Network Inc. now owns 12,284 shares of the company’s stock valued at $668,000 after buying an additional 1,895 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.29 on Friday. The company’s 50-day moving average price is $55.94 and its 200-day moving average price is $53.45. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $58.54. The company has a market cap of $30.79 billion, a price-to-earnings ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st will be issued a $0.4461 dividend. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend is Wednesday, October 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44.

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.