CENTRAL TRUST Co Buys 1,050 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

CENTRAL TRUST Co increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 24.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,316 shares of the company’s stock after purchasing an additional 1,050 shares during the quarter. CENTRAL TRUST Co’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $289,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock worth $4,615,759,000 after buying an additional 86,045,601 shares during the period. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after acquiring an additional 1,879,853 shares during the period. LPL Financial LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the 1st quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock worth $561,868,000 after acquiring an additional 1,936,707 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.3% during the 1st quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock worth $197,724,000 after purchasing an additional 720,369 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,506,075 shares of the company’s stock worth $190,731,000 after purchasing an additional 123,259 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.76 on Friday. The firm has a market capitalization of $31.19 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $59.42. The company’s 50-day moving average is $57.56 and its 200 day moving average is $55.08.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd were issued a $0.4755 dividend. The ex-dividend date was Monday, November 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) annualized dividend and a dividend yield of 9.9%.

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.