Frontier Asset Management LLC Raises Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Frontier Asset Management LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 24.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,818 shares of the company’s stock after buying an additional 4,750 shares during the quarter. Frontier Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mainstream Capital Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $28,000. Crewe Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after purchasing an additional 309 shares during the last quarter. Pinnacle Bancorp Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Kestra Investment Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $33,000. Finally, Hollencrest Capital Management purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $53.76 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54. The business has a 50 day simple moving average of $56.87 and a 200-day simple moving average of $55.90. The stock has a market capitalization of $21.17 billion, a PE ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.4824 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

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.