JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,001,058 shares of the company’s stock after buying an additional 37,154 shares during the period. Private Advisor Group LLC owned 0.19% of JPMorgan Nasdaq Equity Premium Income ETF worth $57,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 31.7% during the second quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock worth $1,586,475,000 after purchasing an additional 7,027,261 shares during the last quarter. Bank of America Corp DE increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after purchasing an additional 1,533,280 shares during the last quarter. Raymond James Financial Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the second quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock worth $212,896,000 after purchasing an additional 94,985 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 15.5% during the second quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock worth $201,043,000 after purchasing an additional 496,258 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% during the 2nd quarter. Osaic Holdings Inc. now owns 3,589,375 shares of the company’s stock worth $195,284,000 after buying an additional 329,963 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.4%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.85 on Monday. The company has a fifty day simple moving average of $58.42 and a 200-day simple moving average of $57.85. The stock has a market cap of $32.81 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.509 dividend. This represents a c) dividend on an annualized basis and a yield of 10.7%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Monday, March 2nd.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.