TrustBank Acquires Shares of 33,779 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

TrustBank acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 33,779 shares of the company’s stock, valued at approximately $1,963,000. JPMorgan Nasdaq Equity Premium Income ETF makes up about 0.8% of TrustBank’s portfolio, making the stock its 16th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Flputnam Investment Management Co. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter valued at $594,000. Integrity Alliance LLC. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 38.6% in the 4th quarter. Integrity Alliance LLC. now owns 95,648 shares of the company’s stock valued at $5,559,000 after acquiring an additional 26,652 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 424.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 30,706 shares of the company’s stock valued at $1,785,000 after acquiring an additional 24,853 shares in the last quarter. Harbour Investments Inc. raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 3.9% in the 4th quarter. Harbour Investments Inc. now owns 70,902 shares of the company’s stock valued at $4,121,000 after acquiring an additional 2,666 shares in the last quarter. Finally, Global Assets Advisory LLC raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 4.0% in the 4th quarter. Global Assets Advisory LLC now owns 51,128 shares of the company’s stock valued at $2,972,000 after acquiring an additional 1,962 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ JEPQ opened at $60.60 on Wednesday. The stock has a market capitalization of $38.33 billion, a PE ratio of 32.17 and a beta of 0.82. The business has a fifty day moving average price of $58.03 and a two-hundred day moving average price of $58.19. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $51.82 and a fifty-two week high of $60.61.

JPMorgan Nasdaq Equity Premium Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were issued a dividend of $0.591 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%.

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.