JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Sold by Waterloo Capital L.P.

Waterloo Capital L.P. trimmed its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 63,236 shares of the company’s stock after selling 429 shares during the period. Waterloo Capital L.P.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,565,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.1% during the 4th quarter. JPMorgan Chase & Co. now owns 20,256,020 shares of the company’s stock worth $1,142,034,000 after buying an additional 2,805,860 shares during the last quarter. LPL Financial LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 10.7% during the fourth quarter. LPL Financial LLC now owns 8,914,358 shares of the company’s stock worth $502,591,000 after acquiring an additional 860,019 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.6% in the 4th quarter. Wells Fargo & Company MN now owns 5,695,705 shares of the company’s stock worth $321,124,000 after purchasing an additional 498,270 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,241,092 shares of the company’s stock valued at $182,733,000 after purchasing an additional 8,393 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth about $174,675,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ JEPQ opened at $46.60 on Friday. The firm has a market capitalization of $18.35 billion, a price-to-earnings ratio of 30.12 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $46.53 and a one year high of $58.54. The company’s 50 day moving average price is $54.90 and its 200 day moving average price is $55.73.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a $0.5407 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. This represents a $6.49 annualized dividend and a yield of 13.92%.

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.