San Luis Wealth Advisors LLC Buys New Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

San Luis Wealth Advisors LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 47,189 shares of the company’s stock, valued at approximately $2,443,000.

A number of other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.1% in the fourth quarter. JPMorgan Chase & Co. now owns 20,256,020 shares of the company’s stock worth $1,142,034,000 after purchasing an additional 2,805,860 shares during the period. LPL Financial LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.7% during the fourth quarter. LPL Financial LLC now owns 8,914,358 shares of the company’s stock worth $502,591,000 after acquiring an additional 860,019 shares during the last quarter. Bank of America Corp DE boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.9% during the fourth quarter. Bank of America Corp DE now owns 7,910,038 shares of the company’s stock worth $445,968,000 after acquiring an additional 1,085,222 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.6% during the fourth quarter. Wells Fargo & Company MN now owns 5,695,705 shares of the company’s stock worth $321,124,000 after acquiring an additional 498,270 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 3,241,092 shares of the company’s stock worth $182,733,000 after acquiring an additional 8,393 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ:JEPQ opened at $53.15 on Tuesday. The firm has a fifty day moving average price of $51.46 and a 200 day moving average price of $54.18. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $58.54. The firm has a market cap of $24.83 billion, a price-to-earnings ratio of 30.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were given a dividend of $0.6207 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $7.45 annualized dividend and a yield of 14.01%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60.

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.