JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Stock Position Raised by MML Investors Services LLC

MML Investors Services LLC lifted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 15.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,343,676 shares of the company’s stock after purchasing an additional 178,169 shares during the quarter. MML Investors Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $78,094,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of JEPQ. Russell Investments Group Ltd. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $33,000. Cerity Partners LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 119.7% during the 2nd quarter. Cerity Partners LLC now owns 38,441 shares of the company’s stock valued at $2,091,000 after purchasing an additional 20,946 shares during the period. Diversify Advisory Services LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 44.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 6,631 shares of the company’s stock valued at $370,000 after purchasing an additional 2,045 shares during the period. Diversify Wealth Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 16.2% during the 2nd quarter. Diversify Wealth Management LLC now owns 18,393 shares of the company’s stock valued at $1,025,000 after purchasing an additional 2,566 shares during the period. Finally, Quantinno Capital Management LP acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $2,000,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.86 on Monday. The firm has a 50-day moving average price of $59.10 and a two-hundred day moving average price of $58.42. The firm has a market capitalization of $37.86 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $52.49 and a 52-week high of $61.17.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.5644 per share. The ex-dividend date of this dividend was Monday, June 1st.

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