ZEGA Investments LLC Increases Stake in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

ZEGA Investments LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 44,351 shares of the company’s stock after purchasing an additional 937 shares during the quarter. ZEGA Investments LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,413,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC raised its holdings in 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 buying an additional 86,045,601 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the 1st quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock worth $1,146,197,000 after acquiring an additional 1,879,853 shares during the last quarter. LPL Financial LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the first quarter. LPL Financial LLC now owns 10,851,065 shares of the company’s stock valued at $561,868,000 after acquiring an additional 1,936,707 shares during the period. Raymond James Financial Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 23.3% during the first quarter. Raymond James Financial Inc. now owns 3,818,537 shares of the company’s stock valued at $197,724,000 after acquiring an additional 720,369 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 3,506,075 shares of the company’s stock valued at $190,731,000 after acquiring an additional 123,259 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $57.71 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $59.42. The stock has a market capitalization of $31.16 billion, a PE ratio of 32.17 and a beta of 0.83. The business’s 50-day moving average is $57.31 and its 200 day moving average is $54.85.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd were given a $0.4755 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.45.

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.