Prevail Innovative Wealth Advisors LLC Raises Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Prevail Innovative Wealth Advisors LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 130,368 shares of the company’s stock after buying an additional 13,426 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF comprises about 2.1% of Prevail Innovative Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Prevail Innovative Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in JEPQ. Mainstream Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $28,000. Crewe Advisors LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 154.5% during the fourth quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after purchasing an additional 309 shares during the last quarter. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth approximately $31,000. Kestra Investment Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at $33,000. Finally, Venturi Wealth Management LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% during the 4th quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after buying an additional 177 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $51.81 on Friday. The firm has a market capitalization of $20.40 billion, a P/E ratio of 30.59 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.54. The business has a fifty day moving average of $55.66 and a 200 day moving average of $55.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders 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.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.