New England Private Wealth Advisors LLC Has $6.63 Million Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

New England Private Wealth Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 117,626 shares of the company’s stock after purchasing an additional 2,417 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $6,632,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in JEPQ. XML Financial LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the third quarter worth about $268,000. Ashton Thomas Securities LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $363,000. Nations Financial Group Inc. IA ADV increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.8% during the third quarter. Nations Financial Group Inc. IA ADV now owns 42,463 shares of the company’s stock worth $2,333,000 after purchasing an additional 2,707 shares during the period. Fountainhead AM LLC acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the third quarter valued at approximately $256,000. Finally, Apollon Wealth Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 74.4% in the third quarter. Apollon Wealth Management LLC now owns 633,755 shares of the company’s stock valued at $34,812,000 after buying an additional 270,422 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ opened at $51.78 on Wednesday. The business’s 50 day simple moving average is $56.67 and its 200 day simple moving average is $55.89. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.54. The company has a market capitalization of $20.39 billion, a P/E ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.4824 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date of this dividend was Monday, March 3rd.

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.