Arete Wealth Advisors LLC Acquires New Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Arete Wealth Advisors LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,268 shares of the company’s stock, valued at approximately $779,000.

A number of other hedge funds and other institutional investors have also modified their holdings of JEPQ. US Bancorp DE bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at about $26,000. Belpointe Asset Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 846.7% during the first quarter. Belpointe Asset Management LLC now owns 710 shares of the company’s stock valued at $32,000 after purchasing an additional 635 shares in the last quarter. Blair William & Co. IL bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the first quarter valued at about $53,000. FSC Wealth Advisors LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the first quarter worth about $58,000. Finally, CWM LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 18.0% in the first quarter. CWM LLC now owns 2,025 shares of the company’s stock worth $91,000 after acquiring an additional 309 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.0 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $48.21 on Friday. The company’s 50-day moving average price is $48.39 and its two-hundred day moving average price is $46.55. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $39.61 and a 52 week high of $49.48. The stock has a market cap of $4.57 billion, a PE ratio of 23.03 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 7th. Shareholders of record on Tuesday, September 5th were given a $0.4506 dividend. The ex-dividend date of this dividend was Friday, September 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.37.

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.