Allworth Financial LP Acquires 1,067 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Allworth Financial LP boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 82.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,365 shares of the company’s stock after acquiring an additional 1,067 shares during the period. Allworth Financial LP’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $137,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPQ. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after purchasing an additional 1,028,135 shares during the period. LPL Financial LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after purchasing an additional 837,415 shares during the period. Hilton Capital Management LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.0% in the third quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock valued at $57,624,000 after acquiring an additional 128,831 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after acquiring an additional 991,227 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 974,244 shares of the company’s stock valued at $54,928,000 after acquiring an additional 44,685 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $57.55 on Monday. The stock’s 50-day simple moving average is $57.37 and its 200 day simple moving average is $55.70. The company has a market cap of $22.66 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.4502 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.