Tucker Asset Management LLC Increases Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Tucker Asset Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,072 shares of the company’s stock after purchasing an additional 3,111 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises about 0.2% of Tucker Asset Management LLC’s holdings, making the stock its 21st largest holding. Tucker Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,695,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $174,675,000. JPMorgan Chase & Co. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.1% in the 4th quarter. JPMorgan Chase & Co. now owns 20,256,020 shares of the company’s stock worth $1,142,034,000 after purchasing an additional 2,805,860 shares during the period. Strategic Financial Concepts LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after buying an additional 991,227 shares during the last quarter. LPL Financial LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 10.7% during the 4th quarter. LPL Financial LLC now owns 8,914,358 shares of the company’s stock valued at $502,591,000 after acquiring an additional 860,019 shares during the period. Finally, Private Advisor Group LLC increased its position 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 during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $51.81 on Friday. The stock’s 50 day moving average price is $55.66 and its 200-day moving average price is $55.82. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.54. The stock has a market capitalization of $20.40 billion, a PE ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared 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.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.