JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Blue Trust Inc.

Blue Trust Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 41.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,400 shares of the company’s stock after acquiring an additional 413 shares during the period. Blue Trust Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $76,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the 2nd 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 period. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.3% during the 1st quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock worth $1,146,197,000 after purchasing an additional 1,879,853 shares in the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% during the 1st quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock worth $561,868,000 after purchasing an additional 1,936,707 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.3% during the 1st quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock worth $197,724,000 after purchasing an additional 720,369 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,382,816 shares of the company’s stock worth $175,162,000 after purchasing an additional 141,724 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $57.48 on Friday. The firm has a 50 day simple moving average of $56.46 and a 200-day simple moving average of $53.80. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54. The stock has a market cap of $30.98 billion, a price-to-earnings ratio of 32.17 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 Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.4461 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%.

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.