JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) is RiverFront Investment Group LLC’s 7th Largest Position

RiverFront Investment Group LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 6.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,472,046 shares of the company’s stock after purchasing an additional 139,412 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises 3.2% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 7th largest position. RiverFront Investment Group LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $139,374,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.9% in the 3rd quarter. Fisher Asset Management LLC now owns 7,936 shares of the company’s stock worth $436,000 after buying an additional 1,204 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 8.4% in the third quarter. D.A. Davidson & CO. now owns 19,213 shares of the company’s stock valued at $1,055,000 after acquiring an additional 1,496 shares in the last quarter. Cadence Bank purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $225,000. Townsquare Capital LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.1% in the 3rd quarter. Townsquare Capital LLC now owns 4,037 shares of the company’s stock worth $222,000 after purchasing an additional 232 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 104.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 16,705 shares of the company’s stock worth $918,000 after purchasing an additional 8,550 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $51.81 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.54. The stock has a market capitalization of $20.40 billion, a P/E ratio of 30.59 and a beta of -0.84. The company’s 50-day moving average is $55.66 and its 200 day moving average is $55.82.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.4824 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

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.