JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stock Position Raised by Bellevue Asset Management LLC

Bellevue Asset Management LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3,081.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,991 shares of the company’s stock after purchasing an additional 33,891 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF makes up 1.1% of Bellevue Asset Management LLC’s investment portfolio, making the stock its 15th largest holding. Bellevue Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,747,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in JEPQ. Valmark Advisers Inc. purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $221,000. Allworth Financial LP raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.5% during the fourth quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock worth $59,000 after acquiring an additional 439 shares in the last quarter. Stratos Wealth Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $348,000. IFP Advisors Inc grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 29.2% in the fourth quarter. IFP Advisors Inc now owns 36,463 shares of the company’s stock valued at $1,821,000 after purchasing an additional 8,237 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 97.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,085 shares of the company’s stock worth $51,000 after purchasing an additional 535 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.85 during trading on Friday, hitting $52.75. 2,877,048 shares of the stock traded hands, compared to its average volume of 2,759,737. The company has a fifty day moving average price of $53.11 and a two-hundred day moving average price of $50.94. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.62 and a twelve month high of $54.47. The stock has a market cap of $12.46 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.