JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,294 shares of the company’s stock after buying an additional 1,493 shares during the period. Beam Wealth Advisors Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $975,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after buying an additional 1,028,135 shares during the period. LPL Financial LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% during the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after purchasing an additional 837,415 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth $174,675,000. Private Advisor Group LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% during the fourth quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock worth $105,827,000 after purchasing an additional 811,640 shares during the last quarter. Finally, Hilton Capital Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 14.0% during the third quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock worth $57,624,000 after purchasing an additional 128,831 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $53.40 on Friday. The firm has a fifty day moving average price of $56.95 and a 200 day moving average price of $55.89. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $58.54. The stock has a market cap of $21.02 billion, a PE ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.4824 dividend. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45. The ex-dividend date was Monday, March 3rd.

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.