Cetera Investment Advisers Boosts Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Cetera Investment Advisers grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 550.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 1,051,796 shares of the company’s stock after acquiring an additional 890,120 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $57,049,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Valmark Advisers Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $221,000. Allworth Financial LP boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 58.5% during the 4th quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock worth $59,000 after acquiring an additional 439 shares during the period. Concourse Financial Group Securities Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 6,771 shares of the company’s stock worth $367,000 after acquiring an additional 285 shares during the period. International Assets Investment Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.9% during the 4th quarter. International Assets Investment Management LLC now owns 35,252 shares of the company’s stock worth $1,760,000 after acquiring an additional 2,268 shares during the period. Finally, Stratos Wealth Advisors LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $348,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded down $1.11 during trading on Friday, hitting $51.14. The stock had a trading volume of 9,301,614 shares, compared to its average volume of 2,848,047. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18. The firm has a market cap of $14.52 billion, a P/E ratio of 32.10 and a beta of -0.84. The business has a fifty day moving average of $54.69 and a two-hundred day moving average of $53.49.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, August 1st will be given a $0.4268 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.12 annualized dividend and a yield of 10.01%. The ex-dividend date is Thursday, August 1st.

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.