PNC Financial Services Group Inc. Purchases 38,302 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

PNC Financial Services Group Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 29.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 167,424 shares of the company’s stock after acquiring an additional 38,302 shares during the quarter. PNC Financial Services Group Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,439,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Beam Wealth Advisors Inc. grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.4% in the 4th quarter. Beam Wealth Advisors Inc. now owns 17,294 shares of the company’s stock worth $975,000 after acquiring an additional 1,493 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 28.9% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 8,348 shares of the company’s stock worth $474,000 after acquiring an additional 1,871 shares in the last quarter. Chung Wu Investment Group LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $2,304,000. Bellevue Asset Management LLC grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.4% in the 4th quarter. Bellevue Asset Management LLC now owns 39,831 shares of the company’s stock worth $2,246,000 after acquiring an additional 545 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $174,675,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ opened at $51.78 on Wednesday. The firm has a market cap of $20.39 billion, a P/E ratio of 33.40 and a beta of -0.84. The firm has a 50-day moving average of $56.67 and a 200 day moving average of $55.89. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.