CENTRAL TRUST Co Buys 1,171 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

CENTRAL TRUST Co lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 37.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,266 shares of the company’s stock after purchasing an additional 1,171 shares during the period. CENTRAL TRUST Co’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $221,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $174,675,000. JPMorgan Chase & Co. boosted its holdings in 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 valued at $1,142,034,000 after acquiring an additional 2,805,860 shares during the last quarter. Bank of America Corp DE increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 15.9% in the fourth quarter. Bank of America Corp DE now owns 7,910,038 shares of the company’s stock worth $445,968,000 after purchasing an additional 1,085,222 shares during the period. LPL Financial LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 10.7% during the 4th quarter. LPL Financial LLC now owns 8,914,358 shares of the company’s stock valued at $502,591,000 after purchasing an additional 860,019 shares during the period. Finally, GAMMA Investing LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 6,004.8% during the 1st quarter. GAMMA Investing LLC now owns 781,412 shares of the company’s stock valued at $40,462,000 after purchasing an additional 768,612 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $52.85 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.31 and a 52 week high of $58.54. The company has a fifty day moving average price of $51.63 and a two-hundred day moving average price of $54.13. The firm has a market capitalization of $24.69 billion, a PE ratio of 30.29 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a $0.6207 dividend. This represents a $7.45 annualized dividend and a yield of 14.09%. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.60.

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.