World Investment Advisors Boosts Holdings in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

World Investment Advisors increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 307.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,262 shares of the company’s stock after acquiring an additional 46,223 shares during the quarter. World Investment Advisors’ holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $3,524,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 99,863.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 86,131,764 shares of the company’s stock worth $4,615,759,000 after purchasing an additional 86,045,601 shares in the last quarter. JPMorgan Chase & Co. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 31.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 29,163,134 shares of the company’s stock worth $1,586,475,000 after buying an additional 7,027,261 shares during the last quarter. Bank of America Corp DE increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% during the second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after buying an additional 1,533,280 shares during the period. Raymond James Financial Inc. increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 2.5% during the second quarter. Raymond James Financial Inc. now owns 3,913,522 shares of the company’s stock worth $212,896,000 after buying an additional 94,985 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 15.5% in the second quarter. Ameriprise Financial Inc. now owns 3,693,167 shares of the company’s stock valued at $201,043,000 after buying an additional 496,258 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.1%

Shares of JEPQ opened at $59.34 on Friday. The company’s 50 day simple moving average is $58.31 and its 200-day simple moving average is $56.40. The firm has a market cap of $32.04 billion, a PE ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $44.31 and a 12-month high of $59.43.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.5532 per share. This represents a c) annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend was Monday, December 1st. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.48.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.