BTS Asset Management Inc. Has $599,000 Holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

BTS Asset Management Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 105.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,618 shares of the company’s stock after acquiring an additional 5,448 shares during the quarter. JPMorgan Nasdaq Equity Premium Income ETF accounts for about 0.6% of BTS Asset Management Inc.’s investment portfolio, making the stock its 11th largest holding. BTS Asset Management Inc.’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $599,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPQ. International Assets Investment Management LLC boosted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6,245.0% in the 3rd quarter. International Assets Investment Management LLC now owns 3,078,064 shares of the company’s stock valued at $169,078,000 after purchasing an additional 3,029,552 shares in the last quarter. JPMorgan Chase & Co. raised its position 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 valued at $958,537,000 after acquiring an additional 1,028,135 shares during the period. LPL Financial LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 11.6% in the third quarter. LPL Financial LLC now owns 8,054,339 shares of the company’s stock worth $442,425,000 after purchasing an additional 837,415 shares during the period. Cetera Investment Advisers increased its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 47.5% in the second quarter. Cetera Investment Advisers now owns 1,550,879 shares of the company’s stock worth $86,074,000 after acquiring an additional 499,083 shares in the last quarter. Finally, American Trust bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter worth approximately $26,134,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 1.2 %

NASDAQ:JEPQ opened at $57.27 on Friday. The stock’s 50 day moving average price is $56.98 and its two-hundred day moving average price is $55.07. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $47.67 and a twelve month high of $58.21. The firm has a market capitalization of $21.56 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.4558 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

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.