PFG Advisors Raises Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

PFG Advisors grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 34.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,815 shares of the company’s stock after purchasing an additional 9,516 shares during the period. PFG Advisors’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,076,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. HighTower Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 12.3% in the 4th quarter. HighTower Advisors LLC now owns 796,395 shares of the company’s stock worth $44,901,000 after acquiring an additional 87,131 shares during the last quarter. New England Private Wealth Advisors LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 2.1% in the 4th quarter. New England Private Wealth Advisors LLC now owns 117,626 shares of the company’s stock worth $6,632,000 after acquiring an additional 2,417 shares during the last quarter. Moors & Cabot Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 37.8% in the 4th quarter. Moors & Cabot Inc. now owns 9,855 shares of the company’s stock worth $556,000 after acquiring an additional 2,701 shares during the last quarter. Prosperity Financial Group Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7.0% in the 4th quarter. Prosperity Financial Group Inc. now owns 48,184 shares of the company’s stock worth $2,717,000 after acquiring an additional 3,148 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 81.3% in the 4th quarter. Wealthfront Advisers LLC now owns 206,926 shares of the company’s stock worth $10,820,000 after acquiring an additional 92,776 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ stock opened at $52.35 on Thursday. The firm has a market capitalization of $20.61 billion, a price-to-earnings ratio of 33.40 and a beta of -0.84. The business has a fifty day moving average of $56.59 and a 200 day moving average of $55.86. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.4824 per share. This is an increase 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 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.