SBI Securities Co. Ltd. Has $37.21 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

SBI Securities Co. Ltd. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 683,996 shares of the company’s stock after buying an additional 155,220 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises approximately 1.1% of SBI Securities Co. Ltd.’s investment portfolio, making the stock its 17th biggest holding. SBI Securities Co. Ltd.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $37,209,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of JEPQ. Kingstone Capital Partners Texas LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after acquiring an additional 86,045,601 shares during the last quarter. LPL Financial LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% during the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock valued at $561,868,000 after purchasing an additional 1,936,707 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% during the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after acquiring an additional 1,879,853 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 58.4% during the 1st quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock worth $165,351,000 after buying an additional 1,178,637 shares during the period. Finally, Avantax Advisory Services Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 574.4% in the first quarter. Avantax Advisory Services Inc. now owns 969,244 shares of the company’s stock valued at $50,187,000 after buying an additional 825,516 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.1%

JEPQ opened at $58.72 on Wednesday. The company has a fifty day moving average of $57.45 and a 200-day moving average of $55.04. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.31 and a twelve month high of $59.42. The stock has a market cap of $31.71 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were given a $0.4755 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45. This represents a c) annualized dividend and a yield of 9.7%. The ex-dividend date of this dividend was Monday, November 3rd.

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.