J.Safra Asset Management Corp Has $1.96 Million Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

J.Safra Asset Management Corp grew its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 99.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,087 shares of the company’s stock after purchasing an additional 17,017 shares during the period. J.Safra Asset Management Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,961,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the second quarter worth approximately $26,000. Russell Investments Group Ltd. acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth about $33,000. Oliver Lagore Vanvalin Investment Group bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $35,000. Asset Dedication LLC grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the second quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after buying an additional 404 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter valued at $44,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ opened at $58.92 on Friday. The firm’s fifty day moving average price is $58.41 and its two-hundred day moving average price is $56.99. The company has a market capitalization of $33.26 billion, a price-to-earnings ratio of 32.17 and a beta of 0.83. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.31 and a 1 year high of $59.42.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a dividend of $0.5761 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%.

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