MBA Advisors LLC Increases Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

MBA Advisors LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 1.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,953 shares of the company’s stock after purchasing an additional 333 shares during the quarter. MBA Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of JEPQ. Kingstone Capital Partners Texas LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock valued at $4,615,759,000 after purchasing an additional 86,045,601 shares in the last quarter. LPL Financial LLC raised its stake in 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 purchasing an additional 1,936,707 shares in the last quarter. JPMorgan Chase & Co. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 9.3% in the first quarter. JPMorgan Chase & Co. now owns 22,135,873 shares of the company’s stock valued at $1,146,197,000 after purchasing an additional 1,879,853 shares in the last quarter. Allworth Financial LP raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 78,192.0% in the first quarter. Allworth Financial LP now owns 1,851,606 shares of the company’s stock valued at $93,747,000 after purchasing an additional 1,849,241 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 58.4% in the first quarter. Ameriprise Financial Inc. now owns 3,196,909 shares of the company’s stock valued at $165,351,000 after purchasing an additional 1,178,637 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $57.41 on Tuesday. The firm’s 50 day simple moving average is $55.79 and its 200 day simple moving average is $53.37. The company has a market capitalization of $29.99 billion, a P/E ratio of 32.17 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 4th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.442 per share. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date was Tuesday, September 2nd.

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.