Sandy Spring Bank Buys 3,493 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Sandy Spring Bank raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 873.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,893 shares of the company’s stock after buying an additional 3,493 shares during the period. Sandy Spring Bank’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $219,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in 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 valued at $958,537,000 after buying an additional 1,028,135 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $174,675,000. Commonwealth Equity Services LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 19.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,075,752 shares of the company’s stock worth $117,031,000 after purchasing an additional 340,416 shares during the period. Private Advisor Group LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% in 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 period. Finally, Strategic Financial Concepts LLC increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock worth $56,889,000 after purchasing an additional 991,227 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $52.80 on Friday. The business’s 50-day simple moving average is $55.99 and its 200-day simple moving average is $55.78. The firm has a market capitalization of $20.79 billion, a PE ratio of 30.59 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $47.67 and a 52 week high of $58.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.