LPL Financial LLC Acquires 589,696 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

LPL Financial LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 14,883,554 shares of the company’s stock after purchasing an additional 589,696 shares during the period. LPL Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $865,032,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hilton Head Capital Partners LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $87,000. DB&C Advisors LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $966,000. Lowe Brockenbrough & Co. Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 53.2% in the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 6,013 shares of the company’s stock valued at $349,000 after acquiring an additional 2,087 shares during the last quarter. Invst LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 3.6% in the fourth quarter. Invst LLC now owns 34,771 shares of the company’s stock valued at $2,021,000 after acquiring an additional 1,216 shares during the last quarter. Finally, Patron Partners LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 17.1% in the fourth quarter. Patron Partners LLC now owns 11,359 shares of the company’s stock valued at $660,000 after acquiring an additional 1,660 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $58.90 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $52.49 and a 12-month high of $61.17. The business’s 50-day moving average price is $58.66 and its two-hundred day moving average price is $58.33. The stock has a market cap of $37.25 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.5644 dividend. The ex-dividend date was Monday, June 1st.

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