JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) is Teamwork Financial Advisors LLC’s 10th Largest Position

Teamwork Financial Advisors LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 25.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 265,877 shares of the company’s stock after purchasing an additional 53,968 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF comprises 2.2% of Teamwork Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Teamwork Financial Advisors LLC owned about 0.12% of JPMorgan Nasdaq Equity Premium Income ETF worth $14,421,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew 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 valued at $259,768,000 after acquiring an additional 5,466,397 shares in the last quarter. UBS Group AG grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 18.7% during the 4th quarter. UBS Group AG now owns 2,399,478 shares of the company’s stock valued at $119,806,000 after acquiring an additional 378,697 shares in the last quarter. RiverFront Investment Group LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.1% during the 4th quarter. RiverFront Investment Group LLC now owns 1,976,049 shares of the company’s stock valued at $98,663,000 after acquiring an additional 21,597 shares in the last quarter. International Assets Investment Management LLC grew its stake 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 acquiring an additional 1,727,136 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 18.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,437,473 shares of the company’s stock valued at $71,773,000 after acquiring an additional 227,300 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ traded up $0.19 during trading hours on Thursday, hitting $55.64. 3,661,011 shares of the company’s stock traded hands, compared to its average volume of 2,718,743. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $44.95 and a 52-week high of $55.84. The company has a market capitalization of $15.36 billion, a PE ratio of 32.10 and a beta of -0.84. The firm’s 50-day moving average is $54.27 and its 200-day moving average is $52.85.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a $0.4212 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date was Monday, July 1st. This represents a $5.05 annualized dividend and a dividend yield of 9.08%.

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.