IPG Investment Advisors LLC Purchases Shares of 6,459 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

IPG Investment Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,459 shares of the company’s stock, valued at approximately $367,000.

Other institutional investors also recently modified their holdings of the company. Mainstream Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $28,000. Crewe Advisors LLC increased its stake in shares of 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 valued at $29,000 after buying an additional 309 shares during the period. Pinnacle Bancorp Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $31,000. Kestra Investment Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $33,000. Finally, Venturi Wealth Management LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the 4th quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after purchasing an additional 177 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.2 %

NASDAQ:JEPQ opened at $51.81 on Friday. The company has a 50-day moving average price of $55.66 and a 200-day moving average price of $55.84. The stock has a market cap of $20.40 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.4824 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

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.