Commonwealth Equity Services LLC Raises Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 18.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,437,473 shares of the company’s stock after buying an additional 227,300 shares during the period. Commonwealth Equity Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $71,773,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Legacy Financial Group LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth approximately $27,000. Global Wealth Strategies & Associates bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at about $27,000. Valley National Advisers Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter valued at about $31,000. Hazlett Burt & Watson Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after buying an additional 200 shares in the last quarter. Finally, Iron Horse Wealth Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock worth $37,000 after buying an additional 240 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ traded up $0.85 during mid-day trading on Friday, reaching $52.75. 2,875,797 shares of the company traded hands, compared to its average volume of 2,759,737. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.62 and a 52 week high of $54.47. The firm has a market cap of $12.46 billion, a PE ratio of 32.10 and a beta of -0.84. The company’s 50 day moving average price is $53.11 and its 200-day moving average price is $50.91.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a $0.4311 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.17 dividend on an annualized basis and a dividend yield of 9.81%. The ex-dividend date is Wednesday, May 1st.

About JPMorgan Nasdaq Equity Premium Income ETF

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.