MML Investors Services LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

MML Investors Services LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 783,314 shares of the company’s stock after purchasing an additional 84,464 shares during the period. MML Investors Services LLC owned approximately 0.24% of JPMorgan Nasdaq Equity Premium Income ETF worth $43,027,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $225,000. Raymond James & Associates increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% during the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock worth $64,497,000 after purchasing an additional 303,680 shares during the last quarter. Western Wealth Management LLC raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after purchasing an additional 1,893 shares in the last quarter. Creative Planning boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.4% during the 3rd quarter. Creative Planning now owns 23,608 shares of the company’s stock valued at $1,297,000 after buying an additional 2,966 shares during the last quarter. Finally, Granite Bay Wealth Management LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $2,144,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

Shares of NASDAQ:JEPQ opened at $57.62 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $57.65. The firm has a market cap of $18.59 billion, a PE ratio of 32.10 and a beta of -0.84. The company has a fifty day simple moving average of $55.68 and a 200 day simple moving average of $54.58.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, December 2nd were given a $0.5083 dividend. The ex-dividend date was Monday, December 2nd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.42.

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.