48,955 Shares in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Bought by TBH Global Asset Management LLC

TBH Global Asset Management LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 48,955 shares of the company’s stock, valued at approximately $2,816,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPQ. Twin Peaks Wealth Advisors LLC acquired a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 2nd quarter worth approximately $26,000. Russell Investments Group Ltd. purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $33,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $35,000. Asset Dedication LLC raised its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 119.2% during the 2nd quarter. Asset Dedication LLC now owns 743 shares of the company’s stock worth $40,000 after purchasing an additional 404 shares during the period. Finally, AllSquare Wealth Management LLC lifted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 59.8% in the second quarter. AllSquare Wealth Management LLC now owns 802 shares of the company’s stock valued at $44,000 after purchasing an additional 300 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.1%

JEPQ opened at $59.09 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $44.31 and a 12 month high of $59.42. The company has a market cap of $31.91 billion, a PE ratio of 32.17 and a beta of 0.83. The company has a 50 day moving average of $58.35 and a 200 day moving average of $56.54.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.5761 per share. The ex-dividend date is 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 yield of 11.7%.

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.