Thoroughbred Financial Services LLC Increases Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Thoroughbred Financial Services LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,991 shares of the company’s stock after buying an additional 2,239 shares during the period. Thoroughbred Financial Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,940,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in JEPQ. Beacon Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $26,000. SJS Investment Consulting Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth $28,000. TD Capital Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $40,000. Global Wealth Strategies & Associates lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% in the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter valued at $56,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $53.75 on Friday. The firm’s 50-day moving average is $53.32 and its two-hundred day moving average is $53.64. The stock has a market capitalization of $15.26 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.5569 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $6.68 annualized dividend and a yield of 12.43%. The ex-dividend date was Tuesday, September 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.