Kapstone Financial Advisors LLC Has $228,000 Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Kapstone Financial Advisors LLC decreased its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 12.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,976 shares of the company’s stock after selling 549 shares during the period. Kapstone Financial Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $228,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after purchasing an additional 1,028,135 shares in the last quarter. LPL Financial LLC raised 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 buying an additional 837,415 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 76.2% during the 4th quarter. Private Advisor Group LLC now owns 1,877,026 shares of the company’s stock worth $105,827,000 after buying an additional 811,640 shares during the period. Hilton Capital Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 14.0% in the 3rd quarter. Hilton Capital Management LLC now owns 1,049,043 shares of the company’s stock valued at $57,624,000 after buying an additional 128,831 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its position in 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 valued at $56,889,000 after acquiring an additional 991,227 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $54.38 on Tuesday. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $47.67 and a 52-week high of $58.54. The stock has a fifty day moving average price of $57.19 and a two-hundred day moving average price of $55.91. The firm has a market capitalization of $21.41 billion, a P/E ratio of 33.40 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be given a dividend of $0.4824 per share. The ex-dividend date is Monday, March 3rd. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous dividend of $0.45.

About JPMorgan Nasdaq Equity Premium Income ETF

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.