Lokken Investment Group LLC Acquires New Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Lokken Investment Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,198 shares of the company’s stock, valued at approximately $237,000.

Several other institutional investors and hedge funds have also made changes to their positions in JEPQ. D.A. Davidson & CO. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 8.4% during the 3rd quarter. D.A. Davidson & CO. now owns 19,213 shares of the company’s stock valued at $1,055,000 after buying an additional 1,496 shares in the last quarter. Townsquare Capital LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.1% during the third quarter. Townsquare Capital LLC now owns 4,037 shares of the company’s stock worth $222,000 after acquiring an additional 232 shares during the period. Rockefeller Capital Management L.P. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.2% during the third quarter. Rockefeller Capital Management L.P. now owns 388,484 shares of the company’s stock valued at $21,339,000 after acquiring an additional 8,493 shares in the last quarter. Benjamin Edwards Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 71.3% in the third quarter. Benjamin Edwards Inc. now owns 59,111 shares of the company’s stock valued at $3,247,000 after purchasing an additional 24,595 shares during the period. Finally, Beck Capital Management LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the third quarter. Beck Capital Management LLC now owns 112,653 shares of the company’s stock worth $6,188,000 after purchasing an additional 963 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1 %

JEPQ opened at $51.78 on Tuesday. The stock’s fifty day moving average is $55.55 and its two-hundred day moving average is $55.85. The company has a market capitalization of $22.63 billion, a P/E ratio of 30.12 and a beta of 0.86. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.4824 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date of this dividend was 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.