Allworth Financial LP Has $114.41 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Allworth Financial LP raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.9% during the third quarter, HoldingsChannel.com reports. The firm owned 1,988,980 shares of the company’s stock after acquiring an additional 56,814 shares during the quarter. Allworth Financial LP’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $114,406,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Fortis Advisors LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the 3rd quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock valued at $411,000 after acquiring an additional 177 shares during the last quarter. Chapin Davis Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the 3rd quarter. Chapin Davis Inc. now owns 30,409 shares of the company’s stock valued at $1,749,000 after purchasing an additional 183 shares during the period. Joseph P. Lucia & Associates LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.5% in the 3rd quarter. Joseph P. Lucia & Associates LLC now owns 36,166 shares of the company’s stock worth $2,080,000 after purchasing an additional 192 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.0% during the third quarter. Parallel Advisors LLC now owns 18,783 shares of the company’s stock worth $1,080,000 after purchasing an additional 193 shares during the period. Finally, SlateStone Wealth LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.3% in the second quarter. SlateStone Wealth LLC now owns 66,490 shares of the company’s stock valued at $3,617,000 after purchasing an additional 199 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.3%

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.82 on Thursday. The firm has a market capitalization of $32.79 billion, a P/E ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $60.14. The business has a 50-day moving average of $58.20 and a 200-day moving average of $57.92.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.509 per share. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.