International Assets Investment Management LLC Purchases 13,912 Shares of JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

International Assets Investment Management LLC raised its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 16.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 99,067 shares of the company’s stock after purchasing an additional 13,912 shares during the quarter. International Assets Investment Management LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $5,500,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of JEPQ. D.A. Davidson & CO. grew its stake in JPMorgan Nasdaq Equity Premium Income ETF by 13.3% in the 4th quarter. D.A. Davidson & CO. now owns 112,396 shares of the company’s stock valued at $6,532,000 after buying an additional 13,200 shares during the last quarter. Ethos Capital Management Inc. bought a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the fourth quarter valued at approximately $1,105,000. Clear Creek Financial Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 49.9% during the fourth quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock valued at $1,631,000 after acquiring an additional 9,340 shares during the last quarter. Sunpointe LLC lifted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 18.4% during the 4th quarter. Sunpointe LLC now owns 70,226 shares of the company’s stock valued at $4,122,000 after acquiring an additional 10,901 shares during the period. Finally, Cadence Bank raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 37.9% during the third quarter. Cadence Bank now owns 100,298 shares of the company’s stock worth $5,769,000 after purchasing an additional 27,546 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Trading Up 0.4%

Shares of JEPQ traded up $0.27 on Friday, reaching $60.51. 5,053,880 shares of the company’s stock traded hands, compared to its average volume of 6,752,854. The stock has a market cap of $40.40 billion, a PE ratio of 32.17 and a beta of 0.81. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $53.51 and a 52-week high of $61.72. The stock’s 50 day simple moving average is $60.06 and its two-hundred day simple moving average is $58.68.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.6366 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.