LPL Financial LLC Purchases 589,696 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

LPL Financial LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,883,554 shares of the company’s stock after buying an additional 589,696 shares during the period. LPL Financial LLC owned approximately 2.58% of JPMorgan Nasdaq Equity Premium Income ETF worth $865,032,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock worth $678,061,000 after buying an additional 651,461 shares during the period. Ameriprise Financial Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after purchasing an additional 748,170 shares during the period. Raymond James Financial Inc. increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.4% in the third quarter. Raymond James Financial Inc. now owns 3,930,950 shares of the company’s stock worth $226,108,000 after purchasing an additional 17,428 shares during the period. UBS Group AG increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 0.9% in the fourth quarter. UBS Group AG now owns 3,423,625 shares of the company’s stock worth $198,981,000 after purchasing an additional 29,163 shares during the period. Finally, Allworth Financial LP increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 2.7% in the fourth quarter. Allworth Financial LP now owns 2,042,274 shares of the company’s stock worth $118,697,000 after purchasing an additional 53,294 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ opened at $58.90 on Monday. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $52.49 and a 52 week high of $61.17. The stock has a market capitalization of $37.25 billion, a P/E ratio of 32.17 and a beta of 0.82. The stock’s fifty day moving average is $58.66 and its 200 day moving average is $58.33.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.5644 dividend. The ex-dividend date was Monday, June 1st.

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