Wells Fargo & Company MN Raises Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Wells Fargo & Company MN boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.6% during the 4th quarter, Holdings Channel reports. The firm owned 5,695,705 shares of the company’s stock after acquiring an additional 498,270 shares during the period. Wells Fargo & Company MN’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $321,124,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Venturi Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% in the 4th quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock worth $40,000 after buying an additional 177 shares during the last quarter. Glen Eagle Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7.6% in the third quarter. Glen Eagle Advisors LLC now owns 2,673 shares of the company’s stock valued at $147,000 after acquiring an additional 188 shares during the last quarter. Fortis Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.8% during the 4th quarter. Fortis Advisors LLC now owns 7,180 shares of the company’s stock worth $405,000 after purchasing an additional 198 shares during the last quarter. Mayflower Financial Advisors LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.2% during the 4th quarter. Mayflower Financial Advisors LLC now owns 5,008 shares of the company’s stock worth $282,000 after purchasing an additional 200 shares during the last quarter. Finally, Round Rock Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.4% in the 4th quarter. Round Rock Advisors LLC now owns 14,324 shares of the company’s stock worth $808,000 after purchasing an additional 200 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 5.6 %

Shares of NASDAQ JEPQ opened at $46.60 on Friday. The firm has a market cap of $18.35 billion, a price-to-earnings ratio of 30.12 and a beta of -0.84. The stock has a fifty day simple moving average of $54.90 and a two-hundred day simple moving average of $55.71. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $46.53 and a 1-year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.5407 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $6.49 annualized dividend and a yield of 13.92%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.