Owen LaRue LLC Invests $1.65 Million in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Owen LaRue LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 33,110 shares of the company’s stock, valued at approximately $1,653,000. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.6% of Owen LaRue LLC’s portfolio, making the stock its 22nd largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Global Wealth Strategies & Associates bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at about $27,000. Legacy Financial Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $27,000. Hazlett Burt & Watson Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after buying an additional 200 shares in the last quarter. Valley National Advisers Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $31,000. Finally, Iron Horse Wealth Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after buying an additional 240 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.4 %

NASDAQ JEPQ traded down $0.73 during trading on Wednesday, hitting $51.31. 1,323,386 shares of the company traded hands, compared to its average volume of 2,739,333. The business has a fifty day simple moving average of $53.15 and a 200 day simple moving average of $50.87. The company has a market capitalization of $11.98 billion, a P/E ratio of 33.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.62 and a 12 month high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.4273 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a dividend yield of 9.99%.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.