JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 66.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 702,445 shares of the company’s stock after acquiring an additional 279,209 shares during the period. Franklin Resources Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $38,213,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in JEPQ. Oliver Lagore Vanvalin Investment Group purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $35,000. SVB Wealth LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter valued at about $36,000. NorthRock Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter worth about $59,000. SouthState Corp purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth about $72,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $73,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.8%

Shares of NASDAQ:JEPQ opened at $58.42 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.42. The company has a market capitalization of $31.55 billion, a PE ratio of 32.17 and a beta of 0.83. The business has a 50 day moving average of $57.71 and a two-hundred day moving average of $55.48.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were paid a $0.4755 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 9.8%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.