Rialto Wealth Management LLC Purchases Shares of 1,882 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Rialto Wealth Management LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,882 shares of the company’s stock, valued at approximately $106,000.

Several other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the fourth quarter worth about $174,675,000. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,450,160 shares of the company’s stock worth $958,537,000 after buying an additional 1,028,135 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,570.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,009,020 shares of the company’s stock worth $56,889,000 after buying an additional 991,227 shares during the period. LPL Financial LLC boosted its stake in 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 valued at $442,425,000 after buying an additional 837,415 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in 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 valued at $105,827,000 after acquiring an additional 811,640 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $53.76 on Friday. The firm has a market capitalization of $21.17 billion, a P/E ratio of 33.40 and a beta of -0.84. The stock has a fifty day moving average price of $56.87 and a two-hundred day moving average price of $55.90. 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 company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.4824 per share. 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.

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.