Wealthfront Advisers LLC Has $10.82 Million Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Wealthfront Advisers LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 81.3% during the fourth quarter, Holdings Channel reports. The firm owned 206,926 shares of the company’s stock after acquiring an additional 92,776 shares during the quarter. Wealthfront Advisers LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $10,820,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after purchasing an additional 1,028,135 shares in the last quarter. LPL Financial LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after acquiring an additional 837,415 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $174,675,000. Private Advisor Group LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% in the fourth quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock valued at $105,827,000 after acquiring an additional 811,640 shares in the last quarter. Finally, Hilton Capital Management LLC grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.0% in the third quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock valued at $57,624,000 after acquiring an additional 128,831 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.3 %

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $51.78 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54. The business’s 50 day simple moving average is $56.67 and its 200 day simple moving average is $55.89. The company has a market cap of $20.39 billion, a price-to-earnings ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.4824 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date of this dividend was Monday, March 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.