Mayflower Financial Advisors LLC Grows Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Mayflower Financial Advisors LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,008 shares of the company’s stock after buying an additional 200 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $282,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JEPQ. Salomon & Ludwin LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $25,000. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $31,000. Hollencrest Capital Management bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $33,000. Sugar Maple Asset Management LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $41,000. Finally, Pin Oak Investment Advisors Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 250.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 805 shares of the company’s stock valued at $44,000 after purchasing an additional 575 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $57.37 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.31. The business has a 50 day simple moving average of $57.16 and a two-hundred day simple moving average of $55.16. The company has a market capitalization of $22.19 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.