Mainstream Capital Management LLC Takes $28,000 Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Mainstream Capital Management LLC purchased 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 purchased 500 shares of the company’s stock, valued at approximately $28,000.

Several other institutional investors have also bought and sold shares of the company. Ring Mountain Capital LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at $1,790,000. James Reed Financial Services Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $22,326,000. Steward Partners Investment Advisory LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 8.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 492,684 shares of the company’s stock valued at $27,778,000 after acquiring an additional 38,187 shares during the period. Keystone Wealth Services LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 17.2% during the fourth quarter. Keystone Wealth Services LLC now owns 21,809 shares of the company’s stock valued at $1,230,000 after purchasing an additional 3,205 shares during the last quarter. Finally, Planning Directions Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 33.7% during the fourth quarter. Planning Directions Inc. now owns 33,097 shares of the company’s stock worth $1,866,000 after purchasing an additional 8,334 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.4 %

JEPQ opened at $54.16 on Wednesday. The company has a market capitalization of $21.32 billion, a price-to-earnings ratio of 33.40 and a beta of -0.84. The firm has a 50-day moving average price of $57.11 and a 200-day moving average price of $55.91. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.4824 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date is Monday, March 3rd.

JPMorgan Nasdaq Equity Premium Income ETF 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.