Great Diamond Partners LLC Takes Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Great Diamond Partners LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 16,582 shares of the company’s stock, valued at approximately $964,000.

Several other large investors have also modified their holdings of the business. Bank of America Corp DE lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5.8% in the 3rd quarter. Bank of America Corp DE now owns 11,788,272 shares of the company’s stock valued at $678,061,000 after purchasing an additional 651,461 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 20.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after acquiring an additional 748,170 shares in the last quarter. Raymond James Financial Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.4% during the 3rd quarter. Raymond James Financial Inc. now owns 3,930,950 shares of the company’s stock worth $226,108,000 after acquiring an additional 17,428 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 1.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,574,422 shares of the company’s stock worth $205,601,000 after acquiring an additional 68,347 shares in the last quarter. Finally, UBS Group AG lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 0.9% during the 4th quarter. UBS Group AG now owns 3,423,625 shares of the company’s stock worth $198,981,000 after acquiring an additional 29,163 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.6%

JEPQ opened at $59.98 on Thursday. The stock’s 50-day moving average price is $57.78 and its 200 day moving average price is $58.14. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $51.71 and a 12-month high of $60.14. The firm has a market cap of $37.93 billion, a price-to-earnings ratio of 32.17 and a beta of 0.82.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a dividend of $0.591 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 11.8%.

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.