American Trust Takes $26.13 Million Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

American Trust acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 475,770 shares of the company’s stock, valued at approximately $26,134,000. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 2.2% of American Trust’s holdings, making the stock its 11th biggest position.

Several other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock valued at $442,425,000 after acquiring an additional 837,415 shares during the last quarter. International Assets Investment Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the third quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after acquiring an additional 3,029,552 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,873,394 shares of the company’s stock valued at $159,473,000 after acquiring an additional 174,473 shares during the period. RiverFront Investment Group LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 2,242,816 shares of the company’s stock valued at $124,476,000 after purchasing an additional 105,765 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 19.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,795,256 shares of the company’s stock valued at $99,637,000 after purchasing an additional 292,808 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 0.3 %

Shares of NASDAQ JEPQ opened at $57.72 on Friday. The business’s 50 day moving average price is $55.95 and its two-hundred day moving average price is $54.67. The company has a market cap of $18.62 billion, a PE ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $57.92.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 4th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.5083 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.42. The ex-dividend date of this dividend was Monday, December 2nd.

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.