Private Advisor Group LLC Boosts Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Private Advisor Group LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,001,058 shares of the company’s stock after purchasing an additional 37,154 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $57,581,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in JEPQ. Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $26,000. Hantz Financial Services Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% in the third quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after acquiring an additional 351 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at approximately $33,000. Root Financial Partners LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $34,000. Finally, Asset Dedication LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the second quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after acquiring an additional 404 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

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

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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