JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by RiverFront Investment Group LLC

RiverFront Investment Group LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,976,049 shares of the company’s stock after buying an additional 21,597 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up about 3.1% of RiverFront Investment Group LLC’s holdings, making the stock its 11th biggest holding. RiverFront Investment Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $98,663,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Hazlett Burt & Watson Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after buying an additional 200 shares during the period. Jaffetilchin Investment Partners LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.5% during the third quarter. Jaffetilchin Investment Partners LLC now owns 14,011 shares of the company’s stock worth $658,000 after buying an additional 211 shares during the period. Iron Horse Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock worth $37,000 after buying an additional 240 shares during the period. Panoramic Investment Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.0% during the fourth quarter. Panoramic Investment Advisors LLC now owns 12,550 shares of the company’s stock worth $627,000 after buying an additional 250 shares during the period. Finally, Mason & Associates Inc boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.2% during the fourth quarter. Mason & Associates Inc now owns 15,354 shares of the company’s stock worth $767,000 after buying an additional 331 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.4 %

NASDAQ:JEPQ traded up $0.72 during midday trading on Friday, reaching $52.66. The company had a trading volume of 3,636,418 shares, compared to its average volume of 2,738,557. The firm has a market capitalization of $12.09 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84. The stock’s fifty day simple moving average is $53.14 and its 200-day simple moving average is $50.78. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.62 and a 12-month high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.