Pin Oak Investment Advisors Inc. Grows Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Pin Oak Investment Advisors Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 111.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,277 shares of the company’s stock after buying an additional 1,201 shares during the period. Pin Oak Investment Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $117,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Clarity Wealth Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.6% during the 2nd quarter. Clarity Wealth Advisors LLC now owns 38,912 shares of the company’s stock valued at $2,117,000 after acquiring an additional 3,727 shares during the last quarter. San Luis Wealth Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during 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. Prospera Financial Services Inc raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7.4% during the second quarter. Prospera Financial Services Inc now owns 202,930 shares of the company’s stock valued at $11,043,000 after purchasing an additional 14,069 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $73,000. Finally, Rockefeller Capital Management L.P. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 605,657 shares of the company’s stock worth $33,514,000 after buying an additional 24,186 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.7%

Shares of NASDAQ JEPQ opened at $57.43 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.42. The firm’s 50-day moving average price is $57.63 and its 200-day moving average price is $55.23. The stock has a market capitalization of $31.01 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd were paid a $0.4755 dividend. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45.

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.