Chapin Davis Inc. Takes $514,000 Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Chapin Davis Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 9,470 shares of the company’s stock, valued at approximately $514,000.

A number of other large investors have also recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 40.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,800 shares of the company’s stock worth $84,000 after buying an additional 520 shares during the last quarter. Mutual Advisors LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 14.5% during the 3rd quarter. Mutual Advisors LLC now owns 4,771 shares of the company’s stock worth $224,000 after buying an additional 605 shares during the last quarter. Waverly Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth $692,000. Gallagher Fiduciary Advisors LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.8% in the 3rd quarter. Gallagher Fiduciary Advisors LLC now owns 5,931 shares of the company’s stock valued at $278,000 after purchasing an additional 376 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.5% in the 3rd quarter. Truist Financial Corp now owns 465,233 shares of the company’s stock valued at $21,833,000 after purchasing an additional 65,744 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPQ opened at $55.21 on Tuesday. The company has a 50-day simple moving average of $54.06 and a 200-day simple moving average of $52.78. The company has a market capitalization of $13.04 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $55.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be issued a $0.4212 dividend. The ex-dividend date is Monday, July 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.42.

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.