Atlas Capital Advisors Inc. Purchases Shares of 1,800 JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Atlas Capital Advisors Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,800 shares of the company’s stock, valued at approximately $101,000.

Several other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.1% in the 4th quarter. JPMorgan Chase & Co. now owns 20,256,020 shares of the company’s stock worth $1,142,034,000 after purchasing an additional 2,805,860 shares during the period. LPL Financial LLC increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 10.7% in the fourth quarter. LPL Financial LLC now owns 8,914,358 shares of the company’s stock worth $502,591,000 after buying an additional 860,019 shares during the period. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at about $174,675,000. RiverFront Investment Group LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 6.0% during the 4th quarter. RiverFront Investment Group LLC now owns 2,472,046 shares of the company’s stock valued at $139,374,000 after acquiring an additional 139,412 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 19.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,075,752 shares of the company’s stock worth $117,031,000 after acquiring an additional 340,416 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock opened at $46.60 on Friday. The company has a market capitalization of $18.35 billion, a P/E ratio of 30.12 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $46.53 and a fifty-two week high of $58.54. The stock has a 50 day moving average price of $54.90 and a two-hundred day moving average price of $55.73.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.5407 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $6.49 annualized dividend and a yield of 13.92%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.49.

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.