JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by Westbourne Investments Inc.

Westbourne Investments Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 24.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,816 shares of the company’s stock after buying an additional 10,886 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for 1.6% of Westbourne Investments Inc.’s holdings, making the stock its 17th biggest position. Westbourne Investments Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,305,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 31.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock valued at $1,586,475,000 after acquiring an additional 7,027,261 shares during the period. Bank of America Corp DE lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after acquiring an additional 1,533,280 shares during the period. Raymond James Financial Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the 2nd quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock valued at $212,896,000 after purchasing an additional 94,985 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.5% in the second quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after purchasing an additional 496,258 shares during the period. Finally, Osaic Holdings Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.1% in the second quarter. Osaic Holdings Inc. now owns 3,589,375 shares of the company’s stock worth $195,284,000 after purchasing an additional 329,963 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.3%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.28 on Wednesday. The stock has a 50-day moving average price of $58.74 and a 200 day moving average price of $57.53. The company has a market capitalization of $33.63 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $60.14.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.4657 dividend. This represents a c) annualized dividend and a dividend yield of 9.6%. The ex-dividend date of this dividend was Monday, February 2nd.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.