Prevail Innovative Wealth Advisors LLC Boosts Stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Prevail Innovative Wealth Advisors LLC lifted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 11.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,368 shares of the company’s stock after acquiring an additional 13,426 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 2.1% of Prevail Innovative Wealth Advisors LLC’s portfolio, making the stock its 8th biggest holding. Prevail Innovative Wealth Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $7,350,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mainstream Capital Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth about $28,000. Crewe Advisors LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 154.5% in the 4th quarter. Crewe Advisors LLC now owns 509 shares of the company’s stock valued at $29,000 after buying an additional 309 shares during the period. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Kestra Investment Management LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $33,000. Finally, Venturi Wealth Management LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 33.0% in the fourth quarter. Venturi Wealth Management LLC now owns 713 shares of the company’s stock valued at $40,000 after purchasing an additional 177 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 2.2 %

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $51.81 on Friday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $47.67 and a 12 month high of $58.54. The stock’s fifty day moving average price is $55.66 and its 200-day moving average price is $55.84. The firm has a market cap of $20.40 billion, a P/E ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

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

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.