Kestra Private Wealth Services LLC Acquires 9,243 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kestra Private Wealth Services LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 67.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 22,903 shares of the company’s stock after buying an additional 9,243 shares during the period. Kestra Private Wealth Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,144,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of JEPQ. JPMorgan Chase & Co. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock valued at $259,768,000 after acquiring an additional 5,466,397 shares in the last quarter. LPL Financial LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 32.3% during the third quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock worth $170,835,000 after buying an additional 889,644 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 89.5% during the third quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock worth $140,578,000 after buying an additional 1,415,166 shares in the last quarter. UBS Group AG raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 50.3% in the 3rd quarter. UBS Group AG now owns 2,020,781 shares of the company’s stock valued at $94,835,000 after buying an additional 676,119 shares during the last quarter. Finally, RiverFront Investment Group LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.1% in the 4th quarter. RiverFront Investment Group LLC now owns 1,976,049 shares of the company’s stock valued at $98,663,000 after acquiring an additional 21,597 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.6 %

Shares of JEPQ opened at $52.75 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.62 and a twelve month high of $54.47. The stock has a market capitalization of $12.46 billion, a P/E ratio of 32.10 and a beta of -0.84. The company has a 50 day moving average of $53.11 and a 200-day moving average of $50.91.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be given a $0.4311 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $5.17 dividend on an annualized basis and a yield of 9.81%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.