JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Cambridge Advisors Inc.

Cambridge Advisors Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 206,939 shares of the company’s stock after buying an additional 25,316 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 2.3% of Cambridge Advisors Inc.’s holdings, making the stock its 9th biggest holding. Cambridge Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $11,903,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Twin Peaks Wealth Advisors LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $26,000. Russell Investments Group Ltd. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $33,000. Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at approximately $35,000. SVB Wealth LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at approximately $36,000. Finally, Asset Dedication LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 119.2% in the second quarter. Asset Dedication LLC now owns 743 shares of the company’s stock valued at $40,000 after buying an additional 404 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $59.29 on Thursday. The firm’s fifty day moving average price is $58.23 and its two-hundred day moving average price is $56.34. The stock has a market cap of $32.02 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a dividend of $0.5532 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 11.2%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.