Franklin Resources Inc. Acquires 335,448 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Franklin Resources Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 781.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 378,370 shares of the company’s stock after acquiring an additional 335,448 shares during the quarter. Franklin Resources Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $20,844,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after purchasing an additional 837,415 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after acquiring an additional 3,029,552 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock valued at $159,473,000 after acquiring an additional 174,473 shares during the last quarter. RiverFront Investment Group LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after acquiring an additional 105,765 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 19.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock worth $99,637,000 after acquiring an additional 292,808 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1 %

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.80 on Friday. The stock has a 50-day moving average price of $56.25 and a two-hundred day moving average price of $54.78. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.07. The company has a market capitalization of $18.33 billion, a PE ratio of 32.10 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, December 4th. Investors of record on Monday, December 2nd were issued a $0.5083 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.42.

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.