SlateStone Wealth LLC Buys New Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

SlateStone Wealth LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 53,209 shares of the company’s stock, valued at approximately $2,657,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JEPQ. JPMorgan Chase & Co. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock valued at $259,768,000 after buying an additional 5,466,397 shares in the last quarter. International Assets Investment Management LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock valued at $87,883,000 after buying an additional 1,727,136 shares in the last quarter. Envestnet Asset Management Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 89.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock valued at $140,578,000 after buying an additional 1,415,166 shares in the last quarter. LPL Financial LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 32.3% in the 3rd quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock valued at $170,835,000 after buying an additional 889,644 shares in the last quarter. Finally, UBS Group AG increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 50.3% in the 3rd quarter. UBS Group AG now owns 2,020,781 shares of the company’s stock valued at $94,835,000 after buying an additional 676,119 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.8 %

JEPQ stock traded up $0.44 during mid-day trading on Wednesday, reaching $52.54. 491,111 shares of the company traded hands, compared to its average volume of 2,693,253. The stock has a market cap of $12.07 billion, a price-to-earnings ratio of 33.29 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.12 and a fifty-two week high of $54.47. The firm’s 50 day moving average price is $53.15 and its 200 day moving average price is $50.70.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.4273 dividend. This represents a $5.13 dividend on an annualized basis and a dividend yield of 9.76%. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.