Asset Allocation Strategies LLC Acquires 3,885 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Asset Allocation Strategies LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 44.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,654 shares of the company’s stock after buying an additional 3,885 shares during the period. Asset Allocation Strategies LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $695,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in JEPQ. Glen Eagle Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the 3rd quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after acquiring an additional 188 shares in the last quarter. Lifestyle Asset Management Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the third quarter. Lifestyle Asset Management Inc. now owns 58,159 shares of the company’s stock valued at $3,195,000 after purchasing an additional 217 shares during the period. Main Street Financial Solutions LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% in the second quarter. Main Street Financial Solutions LLC now owns 8,147 shares of the company’s stock worth $452,000 after buying an additional 224 shares during the last quarter. Greenwich Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% during the 3rd quarter. Greenwich Wealth Management LLC now owns 23,449 shares of the company’s stock worth $1,288,000 after buying an additional 232 shares during the period. Finally, Townsquare Capital LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.1% in the 3rd quarter. Townsquare Capital LLC now owns 4,037 shares of the company’s stock valued at $222,000 after buying an additional 232 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.40 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $57.65. The firm has a fifty day moving average price of $55.80 and a two-hundred day moving average price of $54.63. The firm has a market cap of $18.52 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, December 2nd were paid a dividend of $0.5083 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.42. The ex-dividend date of this dividend was Monday, December 2nd.

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.