Runnymede Capital Advisors Inc. Invests $1.02 Million in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Runnymede Capital Advisors Inc. acquired 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 institutional investor acquired 18,020 shares of the company’s stock, valued at approximately $1,016,000. JPMorgan Nasdaq Equity Premium Income ETF accounts for 0.9% of Runnymede Capital Advisors Inc.’s portfolio, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Mainstream Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $28,000. Crewe Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after buying an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $31,000. Kestra Investment Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $33,000. Finally, Venturi Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after buying an additional 177 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $52.80 on Friday. The company’s fifty day moving average price is $55.99 and its 200 day moving average price is $55.78. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.54. The company has a market capitalization of $20.79 billion, a PE ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.