JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Position Increased by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 25.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 12,509 shares of the company’s stock after buying an additional 2,565 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $678,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of JEPQ. UBS Group AG boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.7% in the fourth quarter. UBS Group AG now owns 2,399,478 shares of the company’s stock worth $119,806,000 after buying an additional 378,697 shares during the period. Osaic Holdings Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% in the 1st quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock worth $129,587,000 after purchasing an additional 493,420 shares during the period. RiverFront Investment Group LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the 1st quarter. RiverFront Investment Group LLC now owns 2,137,181 shares of the company’s stock worth $115,920,000 after purchasing an additional 161,132 shares in the last quarter. International Assets Investment Management LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% during the 4th quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock valued at $87,883,000 after purchasing an additional 1,727,136 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.5% in the first quarter. Commonwealth Equity Services LLC now owns 1,502,448 shares of the company’s stock valued at $81,493,000 after purchasing an additional 64,975 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.9 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded up $0.48 during midday trading on Friday, hitting $52.96. The company’s stock had a trading volume of 3,231,883 shares, compared to its average volume of 2,781,307. The firm has a market capitalization of $14.75 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.95 and a 1-year high of $56.18. The stock has a 50-day simple moving average of $54.89 and a 200-day simple moving average of $53.40.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were paid a dividend of $0.4212 per share. This represents a $5.05 annualized dividend and a yield of 9.54%. The ex-dividend date was Monday, July 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.