Chapin Davis Inc. Boosts Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Chapin Davis Inc. boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 60.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,347 shares of the company’s stock after buying an additional 6,889 shares during the period. Chapin Davis Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,008,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of JEPQ. LPL Financial LLC boosted its position in shares of 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 purchasing an additional 1,017,261 shares during the period. Envestnet Asset Management Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd 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 in the last quarter. Osaic Holdings Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the first quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock worth $129,587,000 after buying an additional 493,420 shares in the last quarter. RiverFront Investment Group LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 4.9% during the second quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock worth $124,476,000 after buying an additional 105,765 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 19.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock worth $99,637,000 after buying an additional 292,808 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.5 %

Shares of NASDAQ:JEPQ opened at $54.10 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $44.95 and a 52 week high of $56.18. The company has a market cap of $16.70 billion, a P/E ratio of 32.10 and a beta of -0.84. The business has a fifty day simple moving average of $53.17 and a 200-day simple moving average of $53.76.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.551 per share. This represents a $6.61 dividend on an annualized basis and a dividend yield of 12.22%. The ex-dividend date was Tuesday, October 1st.

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.