JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Stake Increased by Evergreen Wealth Solutions LLC

Evergreen Wealth Solutions LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 251,112 shares of the company’s stock after purchasing an additional 3,536 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 9.9% of Evergreen Wealth Solutions LLC’s portfolio, making the stock its 2nd largest position. Evergreen Wealth Solutions LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $14,158,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Owen LaRue LLC increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 23.6% in the 4th quarter. Owen LaRue LLC now owns 29,368 shares of the company’s stock worth $1,656,000 after buying an additional 5,606 shares during the period. Lido Advisors LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 174.1% in the 4th quarter. Lido Advisors LLC now owns 23,457 shares of the company’s stock worth $1,328,000 after acquiring an additional 14,898 shares in the last quarter. Northern Trust Corp increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 17.3% during the fourth quarter. Northern Trust Corp now owns 6,764 shares of the company’s stock worth $381,000 after acquiring an additional 1,000 shares during the period. Beacon Pointe Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.4% during the fourth quarter. Beacon Pointe Advisors LLC now owns 53,827 shares of the company’s stock valued at $3,035,000 after acquiring an additional 4,642 shares in the last quarter. Finally, Second Half Financial Partners LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 66.3% in the fourth quarter. Second Half Financial Partners LLC now owns 339,186 shares of the company’s stock valued at $19,123,000 after purchasing an additional 135,226 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.0 %

Shares of NASDAQ:JEPQ opened at $51.11 on Tuesday. The business’s 50 day moving average is $51.83 and its 200 day moving average is $55.05. The stock has a market cap of $23.50 billion, a P/E ratio of 28.28 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.31 and a 52-week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.5407 per share. The ex-dividend date was Tuesday, April 1st. This represents a $6.49 annualized dividend and a dividend yield of 12.69%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49.

About JPMorgan Nasdaq Equity Premium Income ETF

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.