M Holdings Securities Inc. Has $2.82 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

M Holdings Securities Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 75.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,902 shares of the company’s stock after buying an additional 22,394 shares during the quarter. M Holdings Securities Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,821,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Marshall Wace LLP bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $14,765,000. Baird Financial Group Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.1% during the 2nd quarter. Baird Financial Group Inc. now owns 639,032 shares of the company’s stock worth $34,763,000 after buying an additional 78,863 shares during the last quarter. Crescent Grove Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.0% in the second quarter. Crescent Grove Advisors LLC now owns 55,052 shares of the company’s stock valued at $2,995,000 after purchasing an additional 14,585 shares during the last quarter. Plan Group Financial LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $290,000. Finally, CW Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 9.2% in the 2nd quarter. CW Advisors LLC now owns 34,441 shares of the company’s stock valued at $1,874,000 after purchasing an additional 2,902 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1%

JEPQ stock opened at $58.61 on Friday. The business has a 50-day simple moving average of $57.87 and a 200 day simple moving average of $55.71. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $59.42. The company has a market cap of $31.65 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a $0.5532 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date was Monday, December 1st.

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.