Cambridge Investment Research Advisors Inc. Raises Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Cambridge Investment Research Advisors Inc. grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 24.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 825,450 shares of the company’s stock after purchasing an additional 164,323 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $47,975,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Howard Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the 4th quarter. Howard Wealth Management LLC now owns 3,676 shares of the company’s stock valued at $214,000 after purchasing an additional 173 shares during the last quarter. Montz Harcus Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock valued at $243,000 after purchasing an additional 176 shares during the last quarter. Fortis Advisors LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the 3rd quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock valued at $411,000 after purchasing an additional 177 shares during the last quarter. CPC Advisors LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.6% during the 4th quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock valued at $1,639,000 after purchasing an additional 178 shares during the last quarter. Finally, Planning Directions Inc. lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the 4th quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock valued at $2,643,000 after purchasing an additional 184 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $59.77 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $51.71 and a 12 month high of $60.14. The stock has a fifty day moving average price of $57.64 and a 200-day moving average price of $58.13. The firm has a market cap of $37.80 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a $0.591 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 11.9%.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.