10,055 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Bought by MSH Capital Advisors LLC

MSH Capital Advisors LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the fourth quarter, HoldingsChannel reports. The fund purchased 10,055 shares of the company’s stock, valued at approximately $584,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in JEPQ. Bank of America Corp DE increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the second quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock worth $605,843,000 after buying an additional 1,533,280 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the third quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after buying an additional 748,170 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 44.1% in the third quarter. Jones Financial Companies Lllp now owns 1,302,995 shares of the company’s stock worth $74,596,000 after buying an additional 398,695 shares during the last quarter. SageGuard Financial Group LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $21,290,000. Finally, Aventura Private Wealth LLC bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter worth $17,608,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

Shares of NASDAQ:JEPQ opened at $60.60 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $51.82 and a 12-month high of $60.61. The company has a fifty day simple moving average of $58.03 and a 200 day simple moving average of $58.19. The firm has a market cap of $38.33 billion, a PE ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a dividend of $0.591 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 11.7%.

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. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.