Valmark Advisers Inc. Raises Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Valmark Advisers Inc. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 53.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,285 shares of the company’s stock after buying an additional 8,860 shares during the period. Valmark Advisers Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,426,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after buying an additional 1,028,135 shares in the last quarter. LPL Financial LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after buying an additional 837,415 shares in the last quarter. International Assets Investment Management LLC increased its position in 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 worth $169,078,000 after buying an additional 3,029,552 shares in the last quarter. Private Advisor Group LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.1% during the third quarter. Private Advisor Group LLC now owns 1,065,386 shares of the company’s stock worth $58,964,000 after purchasing an additional 163,564 shares in the last quarter. Finally, Hilton Capital Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.0% during the third quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock worth $57,624,000 after purchasing an additional 128,831 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

NASDAQ:JEPQ opened at $58.27 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.31. The stock has a 50-day moving average price of $57.32 and a 200 day moving average price of $55.47. The stock has a market capitalization of $22.94 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.4502 per share. The ex-dividend date was Monday, February 3rd.

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.