JPMorgan Nasdaq Equity Premium Income ETF $JEPQ is Kennedy Investment Group’s 7th Largest Position

Kennedy Investment Group increased its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 9.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 139,234 shares of the company’s stock after purchasing an additional 12,207 shares during the period. JPMorgan Nasdaq Equity Premium Income ETF makes up approximately 3.1% of Kennedy Investment Group’s portfolio, making the stock its 7th largest position. Kennedy Investment Group’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $8,092,000 at the end of the most recent quarter.

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

JPMorgan Nasdaq Equity Premium Income ETF Trading Down 0.2%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock opened at $59.60 on Wednesday. JPMorgan Nasdaq Equity Premium Income ETF has a 12-month low of $51.71 and a 12-month high of $60.14. The stock has a market cap of $37.69 billion, a PE ratio of 32.17 and a beta of 0.82. The company has a 50-day moving average of $57.73 and a two-hundred day moving average of $58.14.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued a $0.591 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 11.9%.

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.