O Shaughnessy Asset Management LLC Boosts Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

O Shaughnessy Asset Management LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 107.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 490 shares of the company’s stock after purchasing an additional 254 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $28,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in JEPQ. Garden State Investment Advisory Services LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 8.2% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 75,643 shares of the company’s stock worth $4,158,000 after purchasing an additional 5,728 shares during the period. Coldstream Capital Management Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $246,000. Advisory Resource Group raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.6% during the third quarter. Advisory Resource Group now owns 62,879 shares of the company’s stock valued at $3,454,000 after acquiring an additional 1,579 shares in the last quarter. Morse Asset Management Inc lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 90.2% in the third quarter. Morse Asset Management Inc now owns 65,652 shares of the company’s stock valued at $3,606,000 after acquiring an additional 31,137 shares during the period. Finally, Pine Valley Investments Ltd Liability Co boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 3.2% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 157,900 shares of the company’s stock worth $8,673,000 after purchasing an additional 4,874 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $49.93 on Tuesday. The firm’s 50 day simple moving average is $53.51 and its 200-day simple moving average is $55.39. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.31 and a 12 month high of $58.54. The stock has a market capitalization of $22.42 billion, a price-to-earnings ratio of 30.12 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were given a dividend of $0.5407 per share. This represents a $6.49 annualized dividend and a yield of 12.99%. The ex-dividend date was Tuesday, April 1st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49.

JPMorgan Nasdaq Equity Premium Income ETF 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.