Consolidated Planning Corp Invests $890,000 in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Consolidated Planning Corp bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, HoldingsChannel reports. The firm bought 17,819 shares of the company’s stock, valued at approximately $890,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Avior Wealth Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 67.4% during the third quarter. Avior Wealth Management LLC now owns 1,103 shares of the company’s stock valued at $52,000 after acquiring an additional 444 shares in the last quarter. UMB Bank n.a. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $44,000. U.S. Capital Wealth Advisors LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 11.0% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 42,278 shares of the company’s stock valued at $1,984,000 after acquiring an additional 4,200 shares during the last quarter. Mason & Associates Inc increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 207.2% in the 3rd quarter. Mason & Associates Inc now owns 15,023 shares of the company’s stock valued at $705,000 after acquiring an additional 10,133 shares during the last quarter. Finally, Modus Advisors LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 12.7% during the 3rd quarter. Modus Advisors LLC now owns 12,245 shares of the company’s stock valued at $575,000 after buying an additional 1,379 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ traded up $0.72 during mid-day trading on Friday, hitting $52.66. 3,636,418 shares of the company’s stock traded hands, compared to its average volume of 2,738,557. The company’s 50-day moving average is $53.14 and its two-hundred day moving average is $50.75. The company has a market capitalization of $12.09 billion, a P/E ratio of 33.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.62 and a 1 year high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.4273 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a yield of 9.74%. The ex-dividend date of this dividend was Monday, April 1st.

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.