Cetera Investment Advisers Increases Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Cetera Investment Advisers raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,035,644 shares of the company’s stock after acquiring an additional 204,154 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $168,539,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Logan Capital Management Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at approximately $27,000. Sankala Group LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $28,000. Navalign LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $33,000. Archer Investment Corp purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $34,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $35,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $59.46 on Thursday. The company has a fifty day moving average of $60.05 and a two-hundred day moving average of $58.71. The stock has a market capitalization of $40.12 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $53.51 and a fifty-two week high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.6366 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 12.8%.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.