Wells Fargo & Company MN Purchases 498,270 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Wells Fargo & Company MN lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,695,705 shares of the company’s stock after purchasing an additional 498,270 shares during the quarter. Wells Fargo & Company MN owned 1.45% of JPMorgan Nasdaq Equity Premium Income ETF worth $321,124,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 16.1% during the fourth quarter. JPMorgan Chase & Co. now owns 20,256,020 shares of the company’s stock worth $1,142,034,000 after buying an additional 2,805,860 shares during the last quarter. LPL Financial LLC lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 10.7% in the 4th quarter. LPL Financial LLC now owns 8,914,358 shares of the company’s stock valued at $502,591,000 after acquiring an additional 860,019 shares in the last quarter. Raymond James Financial Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $174,675,000. RiverFront Investment Group LLC increased its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.0% during the 4th quarter. RiverFront Investment Group LLC now owns 2,472,046 shares of the company’s stock worth $139,374,000 after purchasing an additional 139,412 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,075,752 shares of the company’s stock worth $117,031,000 after purchasing an additional 340,416 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 5.6 %

Shares of NASDAQ:JEPQ opened at $46.60 on Friday. The business’s 50 day moving average is $54.90 and its 200 day moving average is $55.71. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $46.53 and a 12-month high of $58.54. The stock has a market cap of $18.35 billion, a price-to-earnings ratio of 30.12 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.5407 dividend. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49. The ex-dividend date was Tuesday, April 1st. This represents a $6.49 annualized dividend and a dividend yield of 13.92%.

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.