Nations Financial Group Inc. IA ADV Has $1.71 Million Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Nations Financial Group Inc. IA ADV increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,240 shares of the company’s stock after buying an additional 4,268 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,710,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Global Wealth Strategies & Associates acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $27,000. Hazlett Burt & Watson Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after buying an additional 200 shares during the period. Valley National Advisers Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $31,000. Iron Horse Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock valued at $37,000 after acquiring an additional 240 shares during the last quarter. Finally, Roble Belko & Company Inc acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $43,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

Shares of JEPQ stock traded up $0.17 on Friday, reaching $54.38. The company had a trading volume of 2,209,929 shares, compared to its average volume of 2,683,376. The company has a 50-day moving average of $53.30 and a 200-day moving average of $51.70. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.95 and a 12 month high of $54.53. The stock has a market cap of $12.85 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 6th. Investors of record on Thursday, May 2nd were given a $0.4311 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.17 annualized dividend and a dividend yield of 9.51%.

JPMorgan Nasdaq Equity Premium Income ETF 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.