Commonwealth Equity Services LLC Buys 115,912 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Commonwealth Equity Services LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.2% during the second quarter, HoldingsChannel reports. The firm owned 2,859,312 shares of the company’s stock after acquiring an additional 115,912 shares during the period. Commonwealth Equity Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $155,547,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after acquiring an additional 86,045,601 shares during the period. LPL Financial LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock valued at $561,868,000 after acquiring an additional 1,936,707 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% during the 1st quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after purchasing an additional 1,879,853 shares during the last quarter. Allworth Financial LP grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 78,192.0% during the first quarter. Allworth Financial LP now owns 1,851,606 shares of the company’s stock valued at $93,747,000 after acquiring an additional 1,849,241 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.4% during the 1st quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock valued at $165,351,000 after purchasing an additional 1,178,637 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

Shares of NASDAQ:JEPQ opened at $58.54 on Thursday. The stock’s 50-day moving average price is $57.24 and its 200-day moving average price is $54.76. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.42. The stock has a market capitalization of $31.61 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were issued a $0.4755 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 9.7%.

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.