MBA Advisors LLC Has $1.60 Million Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

MBA Advisors LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 28,356 shares of the company’s stock after buying an additional 1,415 shares during the period. MBA Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,599,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JEPQ. Salomon & Ludwin LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $25,000. Crewe Advisors LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after buying an additional 309 shares in the last quarter. Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Hollencrest Capital Management bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter valued at $33,000. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $41,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.7 %

NASDAQ:JEPQ opened at $57.17 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.31. The stock has a market capitalization of $22.51 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The firm has a fifty day simple moving average of $57.26 and a two-hundred day simple moving average of $55.28.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.4502 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.