Private Advisor Group LLC Acquires 811,640 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Private Advisor Group LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 76.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,877,026 shares of the company’s stock after purchasing an additional 811,640 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for 0.6% of Private Advisor Group LLC’s holdings, making the stock its 28th largest holding. Private Advisor Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $105,827,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after purchasing an additional 1,028,135 shares in the last quarter. LPL Financial LLC lifted its holdings 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 in the last quarter. International Assets Investment Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% during the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock worth $169,078,000 after purchasing an additional 3,029,552 shares in the last quarter. Hilton Capital Management LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 14.0% during the 3rd quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock worth $57,624,000 after purchasing an additional 128,831 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock worth $56,889,000 after purchasing an additional 991,227 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $58.38 on Wednesday. The stock’s 50-day simple moving average is $57.33 and its 200 day simple moving average is $55.51. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.47. The stock has a market capitalization of $22.98 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.4502 dividend. The ex-dividend date was Monday, February 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.