JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Purchased by World Investment Advisors

World Investment Advisors raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 307.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 61,262 shares of the company’s stock after acquiring an additional 46,223 shares during the period. World Investment Advisors’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,524,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clarity Wealth Advisors LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 10.6% during the second quarter. Clarity Wealth Advisors LLC now owns 38,912 shares of the company’s stock worth $2,117,000 after purchasing an additional 3,727 shares in the last quarter. Global Retirement Partners LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $2,069,000. Cambridge Advisors Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 13.9% during the 3rd quarter. Cambridge Advisors Inc. now owns 206,939 shares of the company’s stock worth $11,903,000 after purchasing an additional 25,316 shares during the period. Prospera Financial Services Inc raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.4% during the 2nd quarter. Prospera Financial Services Inc now owns 202,930 shares of the company’s stock worth $11,043,000 after buying an additional 14,069 shares in the last quarter. Finally, San Luis Wealth Advisors LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 50,236 shares of the company’s stock valued at $2,733,000 after buying an additional 3,047 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.34 on Friday. The stock’s 50 day moving average price is $58.31 and its 200 day moving average price is $56.40. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $59.43. The company has a market cap of $32.04 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.5532 per share. This represents a c) annualized dividend and a dividend yield of 11.2%. The ex-dividend date was Monday, December 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.