Steward Partners Investment Advisory LLC Has $27.78 Million Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Steward Partners Investment Advisory LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 492,684 shares of the company’s stock after purchasing an additional 38,187 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.13% of JPMorgan Nasdaq Equity Premium Income ETF worth $27,778,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Keystone Wealth Services LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 17.2% in the 4th quarter. Keystone Wealth Services LLC now owns 21,809 shares of the company’s stock worth $1,230,000 after purchasing an additional 3,205 shares during the last quarter. Planning Directions Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 33.7% in the 4th quarter. Planning Directions Inc. now owns 33,097 shares of the company’s stock worth $1,866,000 after purchasing an additional 8,334 shares during the last quarter. Cascade Wealth Advisors Inc lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 1.9% in the 4th quarter. Cascade Wealth Advisors Inc now owns 86,400 shares of the company’s stock worth $4,871,000 after purchasing an additional 1,636 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth approximately $20,718,000. Finally, Smartleaf Asset Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 121.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 32,826 shares of the company’s stock worth $1,879,000 after purchasing an additional 18,009 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 2.9 %

Shares of JEPQ stock opened at $54.38 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54. The firm has a market cap of $21.41 billion, a PE ratio of 33.40 and a beta of -0.84. The stock has a 50 day moving average of $57.19 and a 200-day moving average of $55.91.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.4824 per share. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

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.