Ignite Planners LLC Purchases 23,520 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Ignite Planners LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 90.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,541 shares of the company’s stock after acquiring an additional 23,520 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up about 0.9% of Ignite Planners LLC’s investment portfolio, making the stock its 20th largest position. Ignite Planners LLC owned approximately 0.06% of JPMorgan Nasdaq Equity Premium Income ETF worth $2,372,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in JEPQ. US Bancorp DE acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth approximately $26,000. Belpointe Asset Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 846.7% in the first quarter. Belpointe Asset Management LLC now owns 710 shares of the company’s stock valued at $32,000 after acquiring an additional 635 shares during the period. Blair William & Co. IL purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the first quarter worth $53,000. FSC Wealth Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at $58,000. Finally, CWM LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.0% during the 1st quarter. CWM LLC now owns 2,025 shares of the company’s stock worth $91,000 after acquiring an additional 309 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

Shares of NASDAQ:JEPQ traded up $0.11 during trading on Monday, reaching $48.32. 670,879 shares of the company’s stock traded hands, compared to its average volume of 1,444,016. The firm has a market cap of $4.58 billion, a PE ratio of 23.03 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $39.61 and a fifty-two week high of $49.48. The company has a 50-day simple moving average of $48.39 and a 200-day simple moving average of $46.61.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 7th. Investors of record on Tuesday, September 5th were paid a $0.4506 dividend. The ex-dividend date was Friday, September 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.37.

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.