Bellevue Asset Management LLC Raises Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bellevue Asset Management LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,831 shares of the company’s stock after buying an additional 545 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 1.2% of Bellevue Asset Management LLC’s portfolio, making the stock its 14th largest position. Bellevue Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,246,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPQ. Raymond James Financial Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at approximately $174,675,000. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after purchasing an additional 1,028,135 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after purchasing an additional 991,227 shares in the last quarter. LPL Financial LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after purchasing an additional 837,415 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% in the 4th quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock valued at $105,827,000 after purchasing an additional 811,640 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.2 %

Shares of JEPQ opened at $54.83 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.54. The firm’s fifty day simple moving average is $57.04 and its 200-day simple moving average is $55.90. The firm has a market capitalization of $21.59 billion, a price-to-earnings ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.4824 dividend. This is a positive change 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 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.