Ausdal Financial Partners Inc. Grows Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Ausdal Financial Partners Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 92.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,356 shares of the company’s stock after purchasing an additional 4,493 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $527,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at about $174,675,000. JPMorgan Chase & Co. grew its position 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 acquiring an additional 1,028,135 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% in 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 during the period. LPL Financial LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 10.7% in the fourth quarter. LPL Financial LLC now owns 8,914,358 shares of the company’s stock valued at $502,591,000 after purchasing an additional 860,019 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% in the fourth quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock worth $105,827,000 after purchasing an additional 811,640 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.5 %

Shares of NASDAQ JEPQ opened at $52.98 on Friday. The company has a market cap of $20.86 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84. The firm’s fifty day moving average is $55.77 and its 200 day moving average is $55.82. 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 company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.4824 per share. This is an increase 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.