JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Bought by Private Client Services LLC

Private Client Services LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 71.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 26,725 shares of the company’s stock after buying an additional 11,156 shares during the quarter. Private Client Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $1,643,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. D.A. Davidson & CO. increased its holdings in shares of 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 acquiring an additional 13,200 shares during the period. Ethos Capital Management Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $1,105,000. Clear Creek Financial Management LLC boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 49.9% during the 4th quarter. Clear Creek Financial Management LLC now owns 28,070 shares of the company’s stock worth $1,631,000 after purchasing an additional 9,340 shares during the period. Sunpointe LLC boosted its stake in 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 worth $4,122,000 after purchasing an additional 10,901 shares during the period. Finally, RWQ Financial Management Services Inc. grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 5,521.4% during the 4th quarter. RWQ Financial Management Services Inc. now owns 196,750 shares of the company’s stock worth $11,435,000 after purchasing an additional 193,250 shares during the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.2%

Shares of JEPQ stock opened at $58.34 on Tuesday. The stock has a market capitalization of $39.92 billion, a PE ratio of 32.17 and a beta of 0.82. 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 moving average price is $59.70 and its 200 day moving average price is $58.65.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.705 per share. This represents a c) annualized dividend and a yield of 14.5%. The ex-dividend date is Monday, August 3rd. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.64.

JPMorgan Nasdaq Equity Premium Income ETF Company 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.