Clarity Wealth Advisors LLC Increases Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Clarity Wealth Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.3% during the first quarter, Holdings Channel.com reports. The fund owned 30,598 shares of the company’s stock after acquiring an additional 3,359 shares during the quarter. Clarity Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,660,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Valmark Advisers Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $221,000. Allworth Financial LP increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 58.5% during the 4th quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock valued at $59,000 after purchasing an additional 439 shares during the period. International Assets Investment Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.9% during the fourth quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock valued at $1,760,000 after purchasing an additional 2,268 shares in the last quarter. Stratos Wealth Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $348,000. Finally, IFP Advisors Inc raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 29.2% in the fourth quarter. IFP Advisors Inc now owns 36,463 shares of the company’s stock worth $1,821,000 after buying an additional 8,237 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ traded down $0.06 during midday trading on Friday, hitting $55.50. 3,608,509 shares of the company traded hands, compared to its average volume of 2,705,804. The company has a market cap of $13.11 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $55.84. The company’s 50-day simple moving average is $53.99 and its 200-day simple moving average is $52.74.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a $0.4497 dividend. The ex-dividend date was Monday, June 3rd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.40 dividend on an annualized basis and a yield of 9.72%.

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.