Allworth Financial LP Has $114.41 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Allworth Financial LP lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,988,980 shares of the company’s stock after acquiring an additional 56,814 shares during the period. Allworth Financial LP owned approximately 0.37% of JPMorgan Nasdaq Equity Premium Income ETF worth $114,406,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in JEPQ. Citizens Financial Group Inc. RI boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 48.1% during the second quarter. Citizens Financial Group Inc. RI now owns 12,249 shares of the company’s stock valued at $666,000 after purchasing an additional 3,981 shares in the last quarter. Dorsey & Whitney Trust CO LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $207,000. TD Waterhouse Canada Inc. lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 15,271 shares of the company’s stock worth $822,000 after buying an additional 1,313 shares during the period. Intrepid Financial Planning Group LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 9.7% in the 2nd quarter. Intrepid Financial Planning Group LLC now owns 93,859 shares of the company’s stock valued at $5,106,000 after buying an additional 8,279 shares in the last quarter. Finally, NFP Retirement Inc. boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 25.7% in the 2nd quarter. NFP Retirement Inc. now owns 11,370 shares of the company’s stock valued at $619,000 after buying an additional 2,328 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $56.82 on Thursday. The business’s fifty day moving average price is $58.20 and its two-hundred day moving average price is $57.92. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.31 and a fifty-two week high of $60.14. The stock has a market capitalization of $32.79 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.509 dividend. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.47.

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