World Investment Advisors Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

World Investment Advisors grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 48.6% in the fourth quarter, HoldingsChannel reports. The firm owned 12,917 shares of the company’s stock after buying an additional 4,226 shares during the quarter. World Investment Advisors’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $728,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 107.6% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after buying an additional 254 shares in the last quarter. Mainstream Capital Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at $28,000. Crewe Advisors LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock worth $29,000 after purchasing an additional 309 shares during the last quarter. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $31,000. Finally, Kestra Investment Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 5.6 %

Shares of NASDAQ JEPQ opened at $46.60 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $45.39 and a 12-month high of $58.54. The firm’s 50-day moving average price is $54.90 and its 200-day moving average price is $55.74. The stock has a market capitalization of $20.57 billion, a price-to-earnings ratio of 30.12 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.5407 per share. The ex-dividend date was Tuesday, April 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. This represents a $6.49 dividend on an annualized basis and a yield of 13.92%.

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.