Crescent Grove Advisors LLC Has $3 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Crescent Grove Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 36.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 55,052 shares of the company’s stock after buying an additional 14,585 shares during the period. Crescent Grove Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,995,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in JEPQ. Kingstone Capital Partners Texas LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after purchasing an additional 86,045,601 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 31.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock worth $1,586,475,000 after acquiring an additional 7,027,261 shares during the last quarter. Raymond James Financial Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 23.3% during the first quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock valued at $197,724,000 after purchasing an additional 720,369 shares during the period. Envestnet Asset Management Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.6% in the second 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. Finally, Ameriprise Financial Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 58.4% in the first quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock worth $165,351,000 after purchasing an additional 1,178,637 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2%

Shares of JEPQ stock opened at $58.58 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.42. The firm has a market capitalization of $31.63 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. The firm has a fifty day moving average of $57.84 and a 200-day moving average of $55.69.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a $0.5532 dividend. This represents a c) annualized dividend and a dividend yield of 11.3%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date was Monday, December 1st.

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.