Pine Valley Investments Ltd Liability Co Boosts Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Pine Valley Investments Ltd Liability Co increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 3.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 157,900 shares of the company’s stock after buying an additional 4,874 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,673,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPQ. LPL Financial LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after buying an additional 837,415 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after buying an additional 3,029,552 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock worth $159,473,000 after buying an additional 174,473 shares during the period. RiverFront Investment Group LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after purchasing an additional 105,765 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock worth $99,637,000 after purchasing an additional 292,808 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $57.88 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $57.92. The stock’s 50-day moving average is $55.88 and its two-hundred day moving average is $54.65. The firm has a market cap of $18.67 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 disclosed a dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, December 2nd were given a $0.5083 dividend. This is a boost 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.