Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $1.07 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 142.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,640 shares of the company’s stock after purchasing an additional 10,963 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,072,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $26,000. Russell Investments Group Ltd. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth approximately $33,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $35,000. Asset Dedication LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the 2nd quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after purchasing an additional 404 shares during the last quarter. Finally, AllSquare Wealth Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 59.8% during the 2nd quarter. AllSquare Wealth Management LLC now owns 802 shares of the company’s stock valued at $44,000 after purchasing an additional 300 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.7%

JEPQ stock opened at $59.16 on Friday. The firm has a market cap of $33.32 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $59.42. The company has a fifty day simple moving average of $58.33 and a 200 day simple moving average of $56.82.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.5761 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55.

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