Lincoln National Corp Takes Position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Lincoln National Corp acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,691 shares of the company’s stock, valued at approximately $302,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $25,000. Bellevue Asset Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $44,000. FSC Wealth Advisors LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth approximately $58,000. CWM LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $70,000. Finally, Harbour Investments Inc. increased its stake in JPMorgan Nasdaq Equity Premium Income ETF by 810.8% during the 4th quarter. Harbour Investments Inc. now owns 2,277 shares of the company’s stock worth $93,000 after buying an additional 2,027 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1 %

NASDAQ:JEPQ opened at $48.95 on Thursday. The stock has a 50 day moving average of $47.69 and a two-hundred day moving average of $45.08. The firm has a market cap of $4.23 billion, a P/E ratio of 23.03 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $39.61 and a 12 month high of $49.97.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 7th. Stockholders of record on Wednesday, July 5th were given a $0.3668 dividend. The ex-dividend date was Monday, July 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.36. This represents a $4.40 dividend on an annualized basis and a dividend yield of 8.99%.

About JPMorgan Nasdaq Equity Premium Income ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

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