Mutual Advisors LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Mutual Advisors LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 144.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,672 shares of the company’s stock after buying an additional 6,901 shares during the quarter. Mutual Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $583,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock valued at $259,768,000 after buying an additional 5,466,397 shares in the last quarter. LPL Financial LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 32.3% during the 3rd quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock worth $170,835,000 after acquiring an additional 889,644 shares during the period. Envestnet Asset Management Inc. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 89.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock worth $140,578,000 after acquiring an additional 1,415,166 shares during the period. Morgan Stanley increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 12,846.6% during the 3rd quarter. Morgan Stanley now owns 2,053,848 shares of the company’s stock worth $96,387,000 after acquiring an additional 2,037,984 shares during the period. Finally, UBS Group AG increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 50.3% during the 3rd quarter. UBS Group AG now owns 2,020,781 shares of the company’s stock worth $94,835,000 after acquiring an additional 676,119 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.29 on Thursday. The firm’s 50 day simple moving average is $52.69 and its 200 day simple moving average is $49.92. The firm has a market capitalization of $10.04 billion, a PE ratio of 23.03 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $43.95 and a 1-year high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, March 4th were issued a dividend of $0.3804 per share. This represents a $4.56 dividend on an annualized basis and a yield of 8.41%. The ex-dividend date of this dividend was Friday, March 1st.

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.