Cetera Investment Advisers Grows Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Cetera Investment Advisers grew its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 47.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,550,879 shares of the company’s stock after buying an additional 499,083 shares during the quarter. Cetera Investment Advisers owned 0.55% of JPMorgan Nasdaq Equity Premium Income ETF worth $86,074,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.4% in the 2nd quarter. LPL Financial LLC now owns 7,216,924 shares of the company’s stock valued at $400,539,000 after buying an additional 1,017,261 shares during the period. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock valued at $159,473,000 after purchasing an additional 174,473 shares during the period. Osaic Holdings Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the 1st quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock worth $129,587,000 after purchasing an additional 493,420 shares in the last quarter. RiverFront Investment Group LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the 1st quarter. RiverFront Investment Group LLC now owns 2,137,181 shares of the company’s stock worth $115,920,000 after purchasing an additional 161,132 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 19.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock valued at $99,637,000 after purchasing an additional 292,808 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.93 on Tuesday. The business has a 50-day simple moving average of $53.09 and a 200-day simple moving average of $53.73. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $44.95 and a one year high of $56.18. The company has a market cap of $15.59 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.5569 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $6.68 dividend on an annualized basis and a dividend yield of 12.17%. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.