Centaurus Financial Inc. Purchases 3,634 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Centaurus Financial Inc. boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 24.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 18,637 shares of the company’s stock after acquiring an additional 3,634 shares during the quarter. Centaurus Financial Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $931,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPQ. JPMorgan Chase & Co. raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock worth $259,768,000 after acquiring an additional 5,466,397 shares during the period. International Assets Investment Management LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% during the 4th quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock valued at $87,883,000 after buying an additional 1,727,136 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 89.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock valued at $140,578,000 after buying an additional 1,415,166 shares in the last quarter. LPL Financial LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 32.3% during the 3rd quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock valued at $170,835,000 after buying an additional 889,644 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 106.3% during the 3rd quarter. Royal Bank of Canada now owns 1,277,849 shares of the company’s stock valued at $59,970,000 after buying an additional 658,431 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JEPQ traded up $0.02 during trading on Friday, reaching $55.18. 1,962,136 shares of the company traded hands, compared to its average volume of 2,697,955. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.95 and a 12-month high of $55.20. The firm has a fifty day simple moving average of $53.49 and a 200 day simple moving average of $52.28. The company has a market cap of $13.04 billion, a P/E ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.4497 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $5.40 dividend on an annualized basis and a yield of 9.78%. The ex-dividend date of this dividend was Monday, June 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.