Delta Financial Group Inc. Grows Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Delta Financial Group Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 8.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,527 shares of the company’s stock after purchasing an additional 1,079 shares during the quarter. Delta Financial Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $781,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 21.7% in the 1st 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. Bank of America Corp DE increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 15.9% in the 4th quarter. Bank of America Corp DE now owns 7,910,038 shares of the company’s stock valued at $445,968,000 after acquiring an additional 1,085,222 shares during the period. Wells Fargo & Company MN increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.6% in the 4th quarter. Wells Fargo & Company MN now owns 5,695,705 shares of the company’s stock valued at $321,124,000 after acquiring an additional 498,270 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 3,382,816 shares of the company’s stock valued at $175,162,000 after acquiring an additional 141,724 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 22.9% in the 4th quarter. Royal Bank of Canada now owns 3,013,607 shares of the company’s stock valued at $169,907,000 after acquiring an additional 561,095 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.3%

Shares of NASDAQ:JEPQ opened at $53.81 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 business’s fifty day simple moving average is $53.73 and its 200-day simple moving average is $53.50. The company has a market capitalization of $28.11 billion, a PE ratio of 32.17 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 5th. Stockholders of record on Friday, August 1st will be issued a $0.4438 dividend. The ex-dividend date is Friday, August 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%.

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.