JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Bought by RiverFront Investment Group LLC

RiverFront Investment Group LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,976,049 shares of the company’s stock after acquiring an additional 21,597 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up 3.1% of RiverFront Investment Group LLC’s portfolio, making the stock its 11th biggest position. RiverFront Investment Group LLC owned about 1.07% of JPMorgan Nasdaq Equity Premium Income ETF worth $98,663,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock valued at $259,768,000 after purchasing an additional 5,466,397 shares in the last quarter. LPL Financial LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 32.3% during the 3rd quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock valued at $170,835,000 after buying an additional 889,644 shares during the period. Envestnet Asset Management Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 89.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock valued at $140,578,000 after buying an additional 1,415,166 shares during the period. UBS Group AG grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 50.3% in the 3rd quarter. UBS Group AG now owns 2,020,781 shares of the company’s stock worth $94,835,000 after purchasing an additional 676,119 shares during the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock worth $87,883,000 after purchasing an additional 1,727,136 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.4 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.72 during trading on Friday, hitting $52.66. The stock had a trading volume of 3,636,418 shares, compared to its average volume of 2,738,557. The company has a market capitalization of $12.09 billion, a PE ratio of 33.29 and a beta of -0.84. The stock has a 50 day simple moving average of $53.14 and a 200 day simple moving average of $50.78. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.62 and a 1 year high of $54.47.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a $0.4273 dividend. The ex-dividend date was Monday, April 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.13 dividend on an annualized basis and a yield of 9.74%.

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.