D.A. Davidson & CO. Has $6.53 Million Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

D.A. Davidson & CO. boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 112,396 shares of the company’s stock after purchasing an additional 13,200 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,532,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Montz Harcus Wealth Management LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.4% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 4,176 shares of the company’s stock worth $243,000 after acquiring an additional 176 shares in the last quarter. Fortis Advisors LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.5% in the 3rd quarter. Fortis Advisors LLC now owns 7,143 shares of the company’s stock valued at $411,000 after buying an additional 177 shares during the last quarter. CPC Advisors LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 0.6% in the fourth quarter. CPC Advisors LLC now owns 28,195 shares of the company’s stock valued at $1,639,000 after acquiring an additional 178 shares during the last quarter. Planning Directions Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the 4th quarter. Planning Directions Inc. now owns 45,467 shares of the company’s stock worth $2,643,000 after purchasing an additional 184 shares during the period. Finally, Joseph P. Lucia & Associates LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.5% in the 3rd quarter. Joseph P. Lucia & Associates LLC now owns 36,166 shares of the company’s stock worth $2,080,000 after purchasing an additional 192 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

NASDAQ:JEPQ opened at $58.93 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $50.47 and a 52 week high of $60.14. The firm’s fifty day moving average is $57.28 and its 200-day moving average is $57.99. The firm has a market cap of $36.80 billion, a P/E ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a $0.5586 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 11.4%.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.