HUB Investment Partners LLC Has $9.88 Million Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

HUB Investment Partners LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 36.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,290 shares of the company’s stock after purchasing an additional 46,691 shares during the quarter. HUB Investment Partners LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $9,883,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in JEPQ. Raymond James Financial Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter valued at approximately $174,675,000. JPMorgan Chase & Co. boosted 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 purchasing an additional 1,028,135 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock valued at $56,889,000 after purchasing an additional 991,227 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the 3rd quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after acquiring an additional 837,415 shares in the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% in the 4th quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock worth $105,827,000 after acquiring an additional 811,640 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of JEPQ opened at $52.74 on Thursday. The business’s 50 day simple moving average is $56.14 and its 200-day simple moving average is $55.81. JPMorgan Nasdaq Equity Premium Income ETF has a one year low of $47.67 and a one year high of $58.54. The company has a market capitalization of $20.76 billion, a P/E ratio of 30.59 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors 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.