Base Wealth Management LLC Buys Shares of 14,928 JPMorgan Nasdaq Equity Premium Income ETF $JEPQ

Base Wealth Management LLC purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) in the first quarter, Holdings Channel reports. The fund purchased 14,928 shares of the company’s stock, valued at approximately $829,000. JPMorgan Nasdaq Equity Premium Income ETF comprises 0.5% of Base Wealth Management LLC’s holdings, making the stock its 28th largest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 16.0% in the 2nd quarter. Bank of America Corp DE now owns 11,136,811 shares of the company’s stock valued at $605,843,000 after buying an additional 1,533,280 shares in the last quarter. Morgan Stanley raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 6.7% during the 4th quarter. Morgan Stanley now owns 22,507,866 shares of the company’s stock worth $1,308,157,000 after buying an additional 1,408,923 shares in the last quarter. Equitable Holdings Inc. raised its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 178.3% during the 4th quarter. Equitable Holdings Inc. now owns 1,922,556 shares of the company’s stock worth $111,739,000 after buying an additional 1,231,809 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 20.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,441,337 shares of the company’s stock worth $255,416,000 after acquiring an additional 748,170 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 14,883,554 shares of the company’s stock worth $865,032,000 after acquiring an additional 589,696 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

NASDAQ JEPQ opened at $59.45 on Thursday. JPMorgan Nasdaq Equity Premium Income ETF has a 12 month low of $53.51 and a 12 month high of $61.72. The firm has a market capitalization of $39.71 billion, a PE ratio of 32.17 and a beta of 0.81. The company’s 50 day simple moving average is $60.01 and its 200 day simple moving average is $58.66.

JPMorgan Nasdaq Equity Premium Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6366 per share. This represents a c) dividend on an annualized basis and a yield of 12.8%. 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.