Truist Financial Corp Purchases 66,016 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Truist Financial Corp grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.2% during the fourth quarter, HoldingsChannel reports. The firm owned 531,249 shares of the company’s stock after buying an additional 66,016 shares during the quarter. Truist Financial Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $26,525,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Kovack Advisors Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 32.1% during the fourth quarter. Kovack Advisors Inc. now owns 40,938 shares of the company’s stock worth $2,044,000 after acquiring an additional 9,951 shares during the period. New England Private Wealth Advisors LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.4% during the fourth quarter. New England Private Wealth Advisors LLC now owns 110,182 shares of the company’s stock worth $5,501,000 after acquiring an additional 11,297 shares during the period. Herold Advisors Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 20.7% during the fourth quarter. Herold Advisors Inc. now owns 12,484 shares of the company’s stock worth $623,000 after acquiring an additional 2,139 shares during the period. Atria Wealth Solutions Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 23.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 258,342 shares of the company’s stock worth $12,919,000 after acquiring an additional 49,021 shares during the period. Finally, Bfsg LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $160,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4 %

Shares of JEPQ stock opened at $52.88 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.62 and a 1 year high of $54.47. The firm’s fifty day simple moving average is $53.15 and its 200 day simple moving average is $50.83. The firm has a market capitalization of $12.35 billion, a P/E ratio of 33.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.4273 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $5.13 dividend on an annualized basis and a yield of 9.70%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.