Scotia Capital Inc. Purchases 1,396 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Scotia Capital Inc. boosted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 5.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,495 shares of the company’s stock after purchasing an additional 1,396 shares during the quarter. Scotia Capital Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,494,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 107.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 490 shares of the company’s stock valued at $28,000 after acquiring an additional 254 shares during the period. Mainstream Capital Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $28,000. Crewe Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the period. Pinnacle Bancorp Inc. acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $31,000. Finally, Kestra Investment Management LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $33,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.4 %

NASDAQ JEPQ opened at $49.54 on Monday. The company has a market cap of $22.25 billion, a price-to-earnings ratio of 30.12 and a beta of -0.84. The company has a 50 day moving average of $53.66 and a 200-day moving average of $55.43. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54.

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 issued a $0.5407 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. This represents a $6.49 annualized dividend and a yield of 13.10%.

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.