Flynn Zito Capital Management LLC Acquires 12,166 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Flynn Zito Capital Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 48.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,072 shares of the company’s stock after purchasing an additional 12,166 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 1.1% of Flynn Zito Capital Management LLC’s holdings, making the stock its 20th largest position. Flynn Zito Capital Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,057,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Comerica Bank boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% in the first quarter. Comerica Bank now owns 75,489 shares of the company’s stock worth $4,095,000 after purchasing an additional 17,500 shares during the period. Concourse Financial Group Securities Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock worth $367,000 after buying an additional 285 shares during the period. Raymond James & Associates increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after buying an additional 303,680 shares in the last quarter. International Assets Investment Management LLC raised its holdings in 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 acquiring an additional 2,268 shares during the period. Finally, Western Wealth Management LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the second quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after acquiring an additional 1,893 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.9 %

NASDAQ:JEPQ opened at $51.36 on Friday. The stock has a 50-day moving average price of $53.58 and a 200 day moving average price of $53.63. The stock has a market capitalization of $14.58 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 firm also recently declared a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.5569 dividend. This represents a $6.68 annualized dividend and a yield of 13.01%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. 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.