JPMorgan Chase & Co. Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

JPMorgan Chase & Co. raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 16.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,256,020 shares of the company’s stock after buying an additional 2,805,860 shares during the period. JPMorgan Chase & Co. owned about 0.05% of JPMorgan Nasdaq Equity Premium Income ETF worth $1,142,034,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 61.9% during the 4th quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock valued at $722,000 after acquiring an additional 4,895 shares during the period. Iron Horse Wealth Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock valued at $53,000 after purchasing an additional 200 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock valued at $630,000 after buying an additional 3,000 shares in the last quarter. Franklin Resources Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 781.5% in the third quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock valued at $20,844,000 after buying an additional 335,448 shares in the last quarter. Finally, Ironsides Asset Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 30.2% during the 4th quarter. Ironsides Asset Advisors LLC now owns 17,890 shares of the company’s stock worth $1,009,000 after buying an additional 4,150 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $52.98 on Friday. The stock has a market capitalization of $20.86 billion, a P/E ratio of 30.59 and a beta of -0.84. The company’s fifty day moving average price is $55.77 and its 200 day moving average price is $55.82. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given 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 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.