Krilogy Financial LLC Buys 1,416 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Krilogy Financial LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.4% in the first quarter, Holdings Channel.com reports. The fund owned 104,541 shares of the company’s stock after acquiring an additional 1,416 shares during the quarter. Krilogy Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,413,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $174,675,000. JPMorgan Chase & Co. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.1% in the fourth quarter. JPMorgan Chase & Co. now owns 20,256,020 shares of the company’s stock worth $1,142,034,000 after purchasing an additional 2,805,860 shares in the last quarter. Bank of America Corp DE increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 15.9% in the fourth quarter. Bank of America Corp DE now owns 7,910,038 shares of the company’s stock worth $445,968,000 after purchasing an additional 1,085,222 shares in the last quarter. LPL Financial LLC increased its holdings 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 worth $502,591,000 after purchasing an additional 860,019 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in 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 in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $52.59 on Friday. The company has a market cap of $24.57 billion, a P/E ratio of 30.29 and a beta of -0.84. The stock has a 50 day simple moving average of $51.32 and a two-hundred day simple moving average of $54.24. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a $0.6207 dividend. This represents a $7.45 dividend on an annualized basis and a yield of 14.16%. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60.

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.