Readystate Asset Management LP Acquires Shares of 11,306 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Readystate Asset Management LP acquired a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,306 shares of the company’s stock, valued at approximately $628,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at $27,000. Sankala Group LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $28,000. Navalign LLC bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth $33,000. Russell Investments Group Ltd. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at about $33,000. Finally, Archer Investment Corp purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at about $34,000.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 1.9%

Shares of NASDAQ:JEPQ opened at $56.14 on Thursday. The company has a 50-day moving average price of $59.82 and a 200-day moving average price of $58.67. The company has a market cap of $37.94 billion, a price-to-earnings ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.6366 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 13.6%.

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.