JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Acquired by Money Concepts Capital Corp

Money Concepts Capital Corp increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 13.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,337 shares of the company’s stock after purchasing an additional 8,930 shares during the period. Money Concepts Capital Corp’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $4,262,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JEPQ. Bank of America Corp DE grew its stake in 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 purchasing an additional 1,533,280 shares in the last quarter. Rakuten Investment Management Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the third quarter worth about $58,197,000. Ameriprise Financial Inc. grew its stake in 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 purchasing an additional 748,170 shares in the last quarter. Jones Financial Companies Lllp grew its stake in 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 purchasing an additional 398,695 shares in the last quarter. Finally, SageGuard Financial Group LLC acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $21,290,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2%

Shares of JEPQ stock opened at $59.72 on Tuesday. The business has a 50 day moving average of $57.46 and a two-hundred day moving average of $58.09. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $51.71 and a 52 week high of $60.14. The company has a market cap of $37.77 billion, a P/E ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a $0.591 dividend. This represents a c) dividend on an annualized basis and a yield of 11.9%. The ex-dividend date was Friday, May 1st.

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