JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stake Lifted by Parallel Advisors LLC

Parallel Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.9% in the 4th quarter, HoldingsChannel reports. The fund owned 19,427 shares of the company’s stock after acquiring an additional 911 shares during the period. Parallel Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,095,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mainstream Capital Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $28,000. Crewe Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after buying an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Kestra Investment Management LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $33,000. Finally, Venturi Wealth Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after buying an additional 177 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $52.74 on Thursday. The stock has a market capitalization of $20.76 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.54. The company has a 50 day moving average price of $56.14 and a 200 day moving average price of $55.81.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.4824 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

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.