Cetera Advisor Networks LLC Acquires 112,160 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Cetera Advisor Networks LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 42.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 376,693 shares of the company’s stock after purchasing an additional 112,160 shares during the quarter. Cetera Advisor Networks LLC owned approximately 0.16% of JPMorgan Nasdaq Equity Premium Income ETF worth $20,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of JEPQ. Pinnacle Associates Ltd. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 54.4% in the fourth quarter. Pinnacle Associates Ltd. now owns 21,317 shares of the company’s stock worth $1,064,000 after purchasing an additional 7,507 shares during the last quarter. PFG Advisors bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at approximately $343,000. DAVENPORT & Co LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 7.5% during the 4th quarter. DAVENPORT & Co LLC now owns 51,978 shares of the company’s stock valued at $2,595,000 after acquiring an additional 3,647 shares in the last quarter. Richard W. Paul & Associates LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 1.6% during the 4th quarter. Richard W. Paul & Associates LLC now owns 27,656 shares of the company’s stock valued at $1,381,000 after acquiring an additional 425 shares in the last quarter. Finally, Panoramic Investment Advisors LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.0% during the 4th quarter. Panoramic Investment Advisors LLC now owns 12,550 shares of the company’s stock valued at $627,000 after acquiring an additional 250 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.1 %

JPMorgan Nasdaq Equity Premium Income ETF stock traded down $1.11 during trading hours on Friday, hitting $51.14. 9,301,614 shares of the stock traded hands, compared to its average volume of 2,848,047. The firm’s 50-day moving average price is $54.69 and its two-hundred day moving average price is $53.49. The company has a market cap of $14.52 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.95 and a one year high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, August 1st will be given a dividend of $0.4268 per share. This represents a $5.12 annualized dividend and a yield of 10.01%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend is Thursday, August 1st.

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.