Ironsides Asset Advisors LLC Boosts Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Ironsides Asset Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 30.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 17,890 shares of the company’s stock after acquiring an additional 4,150 shares during the period. Ironsides Asset Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,009,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after acquiring an additional 1,028,135 shares during the period. LPL Financial LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after purchasing an additional 837,415 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $174,675,000. Commonwealth Equity Services LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 19.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,075,752 shares of the company’s stock valued at $117,031,000 after acquiring an additional 340,416 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 76.2% during the 4th quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock worth $105,827,000 after acquiring an additional 811,640 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 2.3 %

NASDAQ JEPQ opened at $52.61 on Friday. The stock has a market capitalization of $22.42 billion, a P/E ratio of 30.59 and a beta of 0.84. The firm has a 50-day moving average price of $56.41 and a 200 day moving average price of $55.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced 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 was Monday, March 3rd. This is an increase 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.