JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Purchased by Truist Financial Corp

Truist Financial Corp raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 531,249 shares of the company’s stock after purchasing an additional 66,016 shares during the period. Truist Financial Corp owned 0.29% of JPMorgan Nasdaq Equity Premium Income ETF worth $26,525,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Wealth Strategies & Associates acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $27,000. Legacy Financial Group LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $27,000. Hazlett Burt & Watson Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares during the last quarter. Valley National Advisers Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth approximately $31,000. Finally, Iron Horse Wealth Management LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 48.0% during the fourth quarter. Iron Horse Wealth Management LLC now owns 740 shares of the company’s stock worth $37,000 after purchasing an additional 240 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $52.88 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.62 and a one year high of $54.47. The company has a 50 day moving average price of $53.15 and a 200 day moving average price of $50.83. The firm has a market capitalization of $12.35 billion, a price-to-earnings ratio of 33.29 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 Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a $0.4273 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $5.13 annualized dividend and a dividend yield of 9.70%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.