Evergreen Wealth Solutions LLC Has $14.16 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Evergreen Wealth Solutions LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 251,112 shares of the company’s stock after acquiring an additional 3,536 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up 9.9% of Evergreen Wealth Solutions LLC’s portfolio, making the stock its 2nd largest holding. Evergreen Wealth Solutions LLC owned approximately 0.06% of JPMorgan Nasdaq Equity Premium Income ETF worth $14,158,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of JEPQ. GAMMA Investing LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 61.9% during the fourth quarter. GAMMA Investing LLC now owns 12,800 shares of the company’s stock valued at $722,000 after purchasing an additional 4,895 shares in the last quarter. Iron Horse Wealth Management LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 27.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 940 shares of the company’s stock worth $53,000 after buying an additional 200 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $410,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock valued at $630,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 781.5% in the third quarter. Franklin Resources Inc. now owns 378,370 shares of the company’s stock worth $20,844,000 after acquiring an additional 335,448 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $51.11 on Tuesday. The stock has a market capitalization of $23.50 billion, a P/E ratio of 28.28 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54. The business’s 50 day moving average is $51.83 and its two-hundred day moving average is $55.05.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a dividend of $0.5407 per share. This represents a $6.49 annualized dividend and a yield of 12.69%. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49.

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.