Bank of New York Mellon Corp Acquires 663 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Bank of New York Mellon Corp grew its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 10.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 7,325 shares of the company’s stock after purchasing an additional 663 shares during the quarter. Bank of New York Mellon Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $413,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Pine Valley Investments Ltd Liability Co boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.5% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 174,558 shares of the company’s stock worth $9,907,000 after acquiring an additional 16,658 shares during the period. BankPlus Trust Department bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $52,000. Rothschild Investment LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.7% in the fourth quarter. Rothschild Investment LLC now owns 60,638 shares of the company’s stock valued at $3,419,000 after purchasing an additional 9,993 shares during the last quarter. IFP Advisors Inc raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 7.2% in the fourth quarter. IFP Advisors Inc now owns 39,328 shares of the company’s stock valued at $2,217,000 after purchasing an additional 2,628 shares during the period. Finally, WealthShield Partners LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 9.5% during the 4th quarter. WealthShield Partners LLC now owns 8,444 shares of the company’s stock worth $480,000 after buying an additional 734 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 2.2 %

Shares of JEPQ stock opened at $51.81 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $47.67 and a 12-month high of $58.54. The company has a market capitalization of $20.40 billion, a PE ratio of 30.59 and a beta of -0.84. The firm has a 50 day moving average price of $55.66 and a two-hundred day moving average price of $55.82.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.