Capital Investment Advisory Services LLC Increases Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Capital Investment Advisory Services LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 44.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 24,359 shares of the company’s stock after acquiring an additional 7,474 shares during the period. Capital Investment Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,216,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of JEPQ. Legacy Financial Group LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $27,000. Global Wealth Strategies & Associates purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $27,000. Valley National Advisers Inc. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $31,000. Hazlett Burt & Watson Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 44.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 650 shares of the company’s stock worth $31,000 after buying an additional 200 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 46.4% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 732 shares of the company’s stock worth $34,000 after buying an additional 232 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ traded up $0.04 during trading on Monday, reaching $50.88. 907,687 shares of the company’s stock were exchanged, compared to its average volume of 2,694,406. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.12 and a 1 year high of $54.47. The stock has a market capitalization of $11.51 billion, a P/E ratio of 33.29 and a beta of -0.84. The company’s fifty day simple moving average is $53.17 and its 200-day simple moving average is $50.63.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.4273 per share. This represents a $5.13 annualized dividend and a dividend yield of 10.08%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend was Monday, April 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.