UBS Group AG Raises Stock Position in JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

UBS Group AG boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 0.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,423,625 shares of the company’s stock after buying an additional 29,163 shares during the period. UBS Group AG’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $198,981,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Logan Capital Management Inc. purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the 3rd quarter worth $27,000. Hantz Financial Services Inc. boosted its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 164.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 564 shares of the company’s stock valued at $32,000 after purchasing an additional 351 shares during the last quarter. Russell Investments Group Ltd. bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter valued at about $33,000. Root Financial Partners LLC bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $34,000. Finally, Guerra Advisors Inc bought a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $40,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Up 0.1%

JEPQ opened at $59.00 on Thursday. The firm has a 50-day simple moving average of $57.30 and a two-hundred day simple moving average of $58.00. JPMorgan Nasdaq Equity Premium Income ETF has a 52 week low of $50.47 and a 52 week high of $60.14. The company has a market capitalization of $36.84 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.5586 per share. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.51. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 11.4%.

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.