TCG Advisory Services LLC Boosts Stock Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

TCG Advisory Services LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 58.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 87,282 shares of the company’s stock after purchasing an additional 32,370 shares during the period. TCG Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,358,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 7,942.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,535,220 shares of the company’s stock worth $259,768,000 after purchasing an additional 5,466,397 shares during the period. LPL Financial LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 32.3% in the 3rd quarter. LPL Financial LLC now owns 3,640,211 shares of the company’s stock worth $170,835,000 after purchasing an additional 889,644 shares during the period. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 89.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,995,475 shares of the company’s stock valued at $140,578,000 after acquiring an additional 1,415,166 shares during the period. UBS Group AG grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 50.3% during the 3rd quarter. UBS Group AG now owns 2,020,781 shares of the company’s stock valued at $94,835,000 after acquiring an additional 676,119 shares during the period. Finally, RiverFront Investment Group LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 1.1% during the 4th quarter. RiverFront Investment Group LLC now owns 1,976,049 shares of the company’s stock valued at $98,663,000 after acquiring an additional 21,597 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock traded up $0.85 during mid-day trading on Friday, reaching $52.75. 2,877,048 shares of the company’s stock traded hands, compared to its average volume of 2,759,737. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.62 and a 12 month high of $54.47. The firm has a 50 day moving average price of $53.11 and a two-hundred day moving average price of $50.94. The firm has a market capitalization of $12.46 billion, a PE ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.4311 per share. This is an increase from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $5.17 dividend on an annualized basis and a dividend yield of 9.81%.

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.