JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Position Increased by Monterey Private Wealth Inc.

Monterey Private Wealth Inc. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 84.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 39,194 shares of the company’s stock after acquiring an additional 17,972 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for approximately 0.7% of Monterey Private Wealth Inc.’s holdings, making the stock its 27th biggest position. Monterey Private Wealth Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,210,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock valued at $958,537,000 after acquiring an additional 1,028,135 shares during the period. LPL Financial LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during 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. International Assets Investment Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after purchasing an additional 3,029,552 shares in the last quarter. RiverFront Investment Group LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in 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 during the period. Finally, Cetera Investment Advisers grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 47.5% during the second quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock valued at $86,074,000 after buying an additional 499,083 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 1.2 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $57.27 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.21. The company has a market cap of $21.59 billion, a P/E ratio of 32.10 and a beta of -0.84. The stock has a 50-day moving average price of $56.99 and a 200 day moving average price of $55.08.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were given a $0.4558 dividend. The ex-dividend date was Tuesday, December 31st.

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.