Orion Portfolio Solutions LLC Has $10.77 Million Stock Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Orion Portfolio Solutions LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 93.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 215,778 shares of the company’s stock after purchasing an additional 104,337 shares during the period. Orion Portfolio Solutions LLC owned 0.12% of JPMorgan Nasdaq Equity Premium Income ETF worth $10,767,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JEPQ. Lincoln National Corp increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 78.4% in the third quarter. Lincoln National Corp now owns 18,231 shares of the company’s stock valued at $856,000 after purchasing an additional 8,010 shares in the last quarter. Childress Capital Advisors LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the 3rd quarter. Childress Capital Advisors LLC now owns 57,965 shares of the company’s stock valued at $2,861,000 after buying an additional 15,165 shares in the last quarter. Sigma Planning Corp raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 84.7% during the 3rd quarter. Sigma Planning Corp now owns 22,522 shares of the company’s stock worth $1,057,000 after buying an additional 10,325 shares during the period. Great Valley Advisor Group Inc. lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 121.2% during the third quarter. Great Valley Advisor Group Inc. now owns 11,921 shares of the company’s stock worth $559,000 after acquiring an additional 6,532 shares in the last quarter. Finally, Carr Financial Group Corp grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 24.5% in the third quarter. Carr Financial Group Corp now owns 5,946 shares of the company’s stock valued at $283,000 after acquiring an additional 1,169 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.3 %

Shares of NASDAQ JEPQ traded up $0.17 during mid-day trading on Friday, reaching $54.38. 2,209,929 shares of the company’s stock were exchanged, compared to its average volume of 2,683,376. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.95 and a twelve month high of $54.53. The firm has a market capitalization of $12.85 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. The business has a fifty day simple moving average of $53.30 and a 200 day simple moving average of $51.67.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were paid a $0.4311 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $5.17 dividend on an annualized basis and a yield of 9.51%. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

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.