Hilltop Wealth Advisors LLC Acquires 6,951 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Hilltop Wealth Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 411,736 shares of the company’s stock after buying an additional 6,951 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up about 10.6% of Hilltop Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Hilltop Wealth Advisors LLC owned about 0.13% of JPMorgan Nasdaq Equity Premium Income ETF worth $22,617,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Aurora Private Wealth Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% during the second quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock worth $292,000 after acquiring an additional 189 shares during the period. Global Wealth Strategies & Associates raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after buying an additional 200 shares during the last quarter. Tranquility Partners LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% in the first quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock valued at $254,000 after buying an additional 214 shares during the period. Main Street Financial Solutions LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the second quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after buying an additional 224 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.3% during the first quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after acquiring an additional 237 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.2 %

Shares of JEPQ stock opened at $54.86 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $56.18. The company has a market capitalization of $17.11 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock has a 50 day moving average of $53.28 and a two-hundred day moving average of $53.77.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a $0.551 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $6.61 annualized dividend and a yield of 12.05%.

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.