JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by StoneCrest Wealth Management Inc.

StoneCrest Wealth Management Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,882 shares of the company’s stock after purchasing an additional 1,107 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 2.9% of StoneCrest Wealth Management Inc.’s holdings, making the stock its 12th biggest position. StoneCrest Wealth Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,602,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.1% during the fourth quarter. JPMorgan Chase & Co. now owns 20,256,020 shares of the company’s stock valued at $1,142,034,000 after purchasing an additional 2,805,860 shares during the last quarter. LPL Financial LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 10.7% during the fourth 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 last quarter. Bank of America Corp DE lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 15.9% during the fourth quarter. Bank of America Corp DE now owns 7,910,038 shares of the company’s stock valued at $445,968,000 after purchasing an additional 1,085,222 shares during the last quarter. Wells Fargo & Company MN lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 9.6% during the fourth quarter. Wells Fargo & Company MN now owns 5,695,705 shares of the company’s stock valued at $321,124,000 after purchasing an additional 498,270 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 3,241,092 shares of the company’s stock valued at $182,733,000 after purchasing an additional 8,393 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock opened at $52.70 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.31 and a 12 month high of $58.54. The firm has a market cap of $24.62 billion, a PE ratio of 30.29 and a beta of -0.84. The firm has a 50 day simple moving average of $50.84 and a 200 day simple moving average of $54.37.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a $0.6207 dividend. This represents a $7.45 annualized dividend and a dividend yield of 14.13%. The ex-dividend date 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.