Consolidated Planning Corp Takes $890,000 Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Consolidated Planning Corp acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 17,819 shares of the company’s stock, valued at approximately $890,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Financial Group LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $27,000. Global Wealth Strategies & Associates acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $27,000. Valley National Advisers Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $31,000. Hazlett Burt & Watson Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the period. Finally, Iron Horse Wealth Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after purchasing an additional 240 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.4 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.72 during trading hours on Friday, reaching $52.66. 3,636,418 shares of the company’s stock were exchanged, compared to its average volume of 2,738,557. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.62 and a 1 year high of $54.47. The business has a fifty day moving average of $53.14 and a two-hundred day moving average of $50.75. The company has a market capitalization of $12.09 billion, a P/E ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.4273 per share. This represents a $5.13 annualized dividend and a dividend yield of 9.74%. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.