JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 550.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,051,796 shares of the company’s stock after acquiring an additional 890,120 shares during the period. Cetera Investment Advisers owned about 0.45% of JPMorgan Nasdaq Equity Premium Income ETF worth $57,049,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPQ. Hazlett Burt & Watson Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after acquiring an additional 200 shares during the last quarter. TD Capital Management LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $40,000. Global Wealth Strategies & Associates grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the first quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock worth $41,000 after buying an additional 200 shares in the last quarter. Roble Belko & Company Inc acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $43,000. Finally, Private Trust Co. NA lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 104.8% during the fourth quarter. Private Trust Co. NA now owns 977 shares of the company’s stock valued at $49,000 after buying an additional 500 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ traded down $1.11 during trading on Friday, hitting $51.14. The company’s stock had a trading volume of 9,301,614 shares, compared to its average volume of 2,848,047. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.95 and a twelve month high of $56.18. The stock has a market cap of $14.52 billion, a PE ratio of 32.10 and a beta of -0.84. The firm’s 50 day moving average price is $54.69 and its 200-day moving average price is $53.49.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, August 5th. Investors of record on Thursday, August 1st will be paid a $0.4268 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.12 annualized dividend and a yield of 10.01%. The ex-dividend date is Thursday, August 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.