Zions Bancorporation N.A. Makes New $846,000 Investment in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Zions Bancorporation N.A. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,000 shares of the company’s stock, valued at approximately $846,000.

Several other hedge funds have also recently made changes to their positions in JEPQ. Raymond James Financial Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $174,675,000. JPMorgan Chase & Co. boosted 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 valued at $958,537,000 after buying an additional 1,028,135 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after buying an additional 991,227 shares during the last quarter. LPL Financial LLC raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 10.7% during the 4th quarter. LPL Financial LLC now owns 8,914,358 shares of the company’s stock worth $502,591,000 after buying an additional 860,019 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 76.2% during the 4th quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock valued at $105,827,000 after acquiring an additional 811,640 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ:JEPQ opened at $53.22 on Thursday. The company’s fifty day moving average price is $55.84 and its 200-day moving average price is $55.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $47.67 and a 1-year high of $58.54. The firm has a market capitalization of $20.95 billion, a P/E ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.4824 dividend. 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.

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.