Cetera Investment Advisers Grows Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Cetera Investment Advisers grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,689,508 shares of the company’s stock after purchasing an additional 103,290 shares during the period. Cetera Investment Advisers owned approximately 0.32% of JPMorgan Nasdaq Equity Premium Income ETF worth $91,909,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. AllSquare Wealth Management LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 91.6% in the first quarter. AllSquare Wealth Management LLC now owns 502 shares of the company’s stock valued at $26,000 after purchasing an additional 240 shares during the period. Oliver Lagore Vanvalin Investment Group acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth about $35,000. SVB Wealth LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter valued at about $36,000. Pin Oak Investment Advisors Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.7% during the 1st quarter. Pin Oak Investment Advisors Inc. now owns 1,076 shares of the company’s stock valued at $56,000 after acquiring an additional 271 shares during the period. Finally, NorthRock Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $57.82 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $59.42. The stock has a market cap of $31.22 billion, a P/E ratio of 32.17 and a beta of 0.83. The stock’s 50 day simple moving average is $57.60 and its 200 day simple moving average is $55.15.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were issued a $0.4755 dividend. This represents a c) annualized dividend and a yield of 9.9%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. The ex-dividend date of this dividend was Monday, November 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.