Envestnet Portfolio Solutions Inc. Has $4.66 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Envestnet Portfolio Solutions Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 82,644 shares of the company’s stock after buying an additional 7,505 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,659,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Mainstream Capital Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $28,000. Crewe Advisors LLC raised its position 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 last quarter. Pinnacle Bancorp Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $31,000. Kestra Investment Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $33,000. Finally, Venturi Wealth Management LLC raised its position in 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 valued at $40,000 after purchasing an additional 177 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ opened at $52.15 on Wednesday. The stock has a fifty day moving average price of $56.22 and a two-hundred day moving average price of $55.83. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.54. The company has a market cap of $20.53 billion, a price-to-earnings ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.4824 dividend. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

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.