Cambridge Investment Research Advisors Inc. Grows Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Cambridge Investment Research Advisors Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 54.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 387,861 shares of the company’s stock after buying an additional 137,461 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.14% of JPMorgan Nasdaq Equity Premium Income ETF worth $21,526,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.9% in the fourth quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock worth $1,760,000 after purchasing an additional 2,268 shares in the last quarter. Signaturefd LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,791.0% in the fourth quarter. Signaturefd LLC now owns 1,475 shares of the company’s stock valued at $74,000 after acquiring an additional 1,397 shares in the last quarter. Truist Financial Corp boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.2% in the fourth quarter. Truist Financial Corp now owns 531,249 shares of the company’s stock worth $26,525,000 after acquiring an additional 66,016 shares during the period. Headlands Technologies LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1,026.9% during the fourth quarter. Headlands Technologies LLC now owns 2,761 shares of the company’s stock worth $138,000 after purchasing an additional 2,516 shares in the last quarter. Finally, Valmark Advisers Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $221,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.12 during mid-day trading on Tuesday, reaching $53.88. 1,571,671 shares of the company’s stock traded hands, compared to its average volume of 2,842,803. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $56.18. The company has a market cap of $15.30 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The stock has a 50 day moving average of $53.99 and a two-hundred day moving average of $53.61.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a dividend of $0.4268 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $5.12 annualized dividend and a dividend yield of 9.50%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

About JPMorgan Nasdaq Equity Premium Income ETF

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.