Private Advisor Group LLC Grows Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Private Advisor Group LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 18.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,065,386 shares of the company’s stock after acquiring an additional 163,564 shares during the period. Private Advisor Group LLC owned 0.34% of JPMorgan Nasdaq Equity Premium Income ETF worth $58,964,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Aurora Private Wealth Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.7% during the second quarter. Aurora Private Wealth Inc. now owns 5,256 shares of the company’s stock worth $292,000 after purchasing an additional 189 shares in the last quarter. Tranquility Partners LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.8% during the 1st quarter. Tranquility Partners LLC now owns 4,679 shares of the company’s stock worth $254,000 after acquiring an additional 214 shares in the last quarter. Main Street Financial Solutions LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 2nd quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after acquiring an additional 224 shares in the last quarter. Atlantic Union Bankshares Corp lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.3% in the first quarter. Atlantic Union Bankshares Corp now owns 17,919 shares of the company’s stock valued at $972,000 after acquiring an additional 237 shares during the last quarter. Finally, Security National Bank boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the second quarter. Security National Bank now owns 2,596 shares of the company’s stock valued at $144,000 after acquiring an additional 238 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $55.43 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.95 and a one year high of $56.18. The stock has a market capitalization of $17.39 billion, a P/E ratio of 32.10 and a beta of -0.84. The business’s 50-day simple moving average is $53.96 and its 200-day simple moving average is $53.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.551 per share. This represents a $6.61 annualized dividend and a yield of 11.93%. The ex-dividend date was Tuesday, October 1st.

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.