Brookstone Capital Management Purchases 11,926 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Brookstone Capital Management increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 107,220 shares of the company’s stock after buying an additional 11,926 shares during the quarter. Brookstone Capital Management’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,232,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPQ. Sheets Smith Wealth Management lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 77.2% during the 3rd quarter. Sheets Smith Wealth Management now owns 119,018 shares of the company’s stock valued at $6,846,000 after purchasing an additional 51,871 shares in the last quarter. FAS Wealth Partners Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 141.3% during the 3rd quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock worth $3,871,000 after purchasing an additional 39,412 shares in the last quarter. High Net Worth Advisory Group LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 25.4% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 104,679 shares of the company’s stock worth $6,021,000 after buying an additional 21,219 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 142.8% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,640 shares of the company’s stock worth $1,072,000 after buying an additional 10,963 shares during the period. Finally, Cambridge Advisors Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 13.9% in the third quarter. Cambridge Advisors Inc. now owns 206,939 shares of the company’s stock valued at $11,903,000 after buying an additional 25,316 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $55.52 on Thursday. The company has a 50 day moving average of $57.54 and a 200-day moving average of $57.90. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $60.14. The stock has a market capitalization of $32.04 billion, a PE 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 will be paid on Monday, April 6th. Investors of record on Wednesday, April 1st will be given a $0.5586 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) annualized dividend and a yield of 12.1%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51.

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.