Cetera Investment Advisers Increases Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Cetera Investment Advisers increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 7.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,035,644 shares of the company’s stock after purchasing an additional 204,154 shares during the quarter. Cetera Investment Advisers owned 0.48% of JPMorgan Nasdaq Equity Premium Income ETF worth $168,539,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of JEPQ. Morgan Stanley increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after buying an additional 1,408,923 shares during the period. LPL Financial LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock valued at $865,032,000 after acquiring an additional 589,696 shares during the period. Bank of America Corp DE lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock valued at $678,061,000 after acquiring an additional 651,461 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 4th quarter. Wells Fargo & Company MN now owns 8,195,365 shares of the company’s stock valued at $476,315,000 after acquiring an additional 383,927 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.4% in the 4th quarter. Royal Bank of Canada now owns 4,088,702 shares of the company’s stock valued at $237,636,000 after acquiring an additional 134,367 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $59.46 on Thursday. The company’s fifty day moving average price is $60.05 and its 200-day moving average price is $58.71. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $53.51 and a 1-year high of $61.72. The firm has a market capitalization of $40.12 billion, a P/E ratio of 32.17 and a beta of 0.81.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.6366 per share. This represents a c) annualized dividend and a yield of 12.8%. The ex-dividend date of this dividend was Wednesday, July 1st.

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